"RIAA claims Limewire owes it $72 trillion—that's "trillion" with a "T" "

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From AV Club:

by Marah Eakin May 23, 2012 

 

The legal case between LimeWire and the RIAA has been going on for some time now, but it wasn't until recently that the RIAA really put a figure on the amount of damages they think they're owed by the now-defunct filesharing service—and it's a doozy.

According to documents recently filed in the U.S. District Court for the Southern District of New York, the RIAA was asking for damages of about $72 trillion dollars, a figure that the judge in the case said is "absurd." Judge Kimba Wood wrote in a recent decision that, "An award based on the RIAA calculations would amount to 'more money than the entire music industry has made since Edison's invention of the phonograph in 1877.'"...MORE