Last year the Association of American music studios, the RIAA filed a lawsuit against the well-known LimeWire program. They claimed that piracy caused the program costing billions of dollars in dividends to the performers. Ok, I'm not being fair here. The RIAA did not say which cost "billions" of dollars, was in fact "more than a billion. " Today the case was resolved after LimeWire has agreed to pay to see it shelved.
Here lies another P2P program
Mark Gorton, founder of LimeWire, will have to shell out $ 105 million for the RIAA to drop the charges and proceedings. This amount was established by the association because, according to the evidence shown, at least 9,715 music files were being pirated on the net. How did they get that value, is a mystery. But each of them cost just over $ 10,000 to Gorton.
The amount will be paid for 13 different labels, which are part of the RIAA. Exactly how many of those 105 million goes to the artists, you ask? Zero. Nothing. Zip. Not a ha'penny. Actually the RIAA will do a layout using Inception: money that agreement, and all similar cases and won by open organization, "will be reinvested in anti-piracy programs, "the spokesman said.
It is unclear if LimeWire will return to work after the procedure, but not much hope.
