LimeWire Settles with Record Companies for Only $105 Million

Sangreal Gothcraft

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Feb 28, 2011
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I used to use Limewire, then i got virus, i used Torrents, My PC got virus and died, Now i just buy music, Makes you love the artist and appreciate the music a lot more.
 

emeraldrafael

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Jul 17, 2010
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I didnt even think this was still going on.

eh, Limewire hasnt been relevant to me in a while. i dabbled in Frost wire (at least the format) thugh I never used it. the one day I was going to, I eneded up getting an email for an offer ont he CD I wanted anyway.

besides, I'd be a bit more worried by people just buying Cds and spreading it around between friends.
 

Reaper195

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Jul 5, 2009
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Irridium said:
Record companies demanded $75 trillion in damages?

Are they fucking high?
I know, right? I don't think anyone in the world has even one percent of that kind of money.
 

zelda2fanboy

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Oct 6, 2009
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I could never get Limewire to work worth a damn. People actually got music off of that thing? Every single time I attempted ANY search, be it for an obscure porn video, obscure Richard Hell bootleg, or a random Kinks song to fill out my collection, I almost always got back 100s of results that were labelled exactly what I was looking for, but what always ended up being Spyware latched onto crappy quality viral videos that had nothing to do with anything. They didn't make Spyware for mac (back then), so it wasn't a huge problem, but still. It was useless.

I feel the same way about torrents. Unless it's a mainstream film already out on DVD, the chances of finding a quality torrent for something that's actually difficult for me to otherwise see (not on TV, not on Netflix, not for rent) are pretty slim. Thanks, but I'm busy not watching Transformers 2 on Cinemax.
 

ionveau

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Nov 22, 2009
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yes!!!! kill them pirates they are stealing from us everyday! Do you see? 75trillion dollars and you people say that piracy dose nothing, PUFF if there was no piracy they would be the richest company on earth, So tell me how is piracy not doing damage?
 

Tiger Sora

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Aug 23, 2008
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We need to go back to the early days when there were thousands of small indipendant recording companies and alot of bands just made there own. When a company gets to big they get evil, FACT!
 

THEfog101

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Apr 18, 2009
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Seriously though, who even used lime wire?!?! It was the biggest fucking sinkhole of Malicious software on the face of the planet.
 

Negatempest

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May 10, 2008
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LOL, i'm sorry but this whole arrangement is no different than the Geohot debacle. Music makers getting money from source that is merely a fraction of the stuff found on the net. Good old laws of the US of A, fighting for the rights of anyone that has money to throw around.
 

CD-R

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Mar 1, 2009
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Who the hell was still using Limewire? These days everyone just pulls audio off of You tube, which is perfectly legal, or at very least not illegal. Or they just use torrents which are really difficult to track and are becoming less and less useful thanks to the whole extracting video and audio from streaming sites method. This lawsuit was four years too late.
 

Deadman Walkin

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Jul 17, 2008
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Formica Archonis said:
freaper said:
Can someone explain me how companies can calculate the money they didn't receive?
Step 1: Smoke a lot of opium.
Step 2: Pick a really big number.
Step 3: Pile bullshit on that number until you think you can get away with it.
Step 4: Get Botox injections if you can't say the number with a straight face. Write off as a business expense.
AHAHAHAHAHAHAHAHA! I was wondering that myself. Hell they don't even make anywhere close to 75 trillion, so how could they justify that? (Obviously it is the opium)
 

RadiusXd

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Jun 2, 2010
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no skin off his nose? the figures in his IRA thing and home total 1 million $ less then the 105 million in charges he has to pay. just how much money does limewire make, and how? (never used limewire)
 

Speakercone

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May 21, 2010
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RadiusXd said:
no skin off his nose? the figures in his IRA thing and home total 1 million $ less then the 105 million in charges he has to pay. just how much money does limewire make, and how? (never used limewire)
The man is a hedge fund manager and runs a software company. These numbers were likely there to indicate just how wealthy he is. That is to say, very wealthy indeed.

I get that record companies would prefer to stay in business, but how exactly do you expect to charge for an abundant resource?
It's like a water company charging for rain since it came out of their resevoirs.

Edit: didn't answer your question. limewire made money from advertising. same thing as napster.
 

Ironic Pirate

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May 21, 2009
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Sexual Harassment Panda said:
Greg Tito said:
Then again, I'm happy to buy my $5 mp3 albums off of Amazon so perhaps the record companies and consumers have reached a happy equilibrium.
$5!?

Currency convertor claims I'm paying $11 for mp3 albums from amazon.co.uk...

OT: Surely there is a PR element to consider here...

There'll be one's on sale for 5 dollars every once in awhile.

Lime Wire is a really shitty, awful program, I don't think people actually used it anymore. So I don't think the RIAA really achieved anything today.