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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (49706)1/13/2000 3:36:00 PM
From: gladman  Read Replies (1) of 122087
 
Interesting post...

>>Mp3.com is gonna get sued
by: j_h_199 1/13/00 3:05 pm
Msg: 3313 of 3315
A legal friend of mine says this is nothing more than a big fat copyright
infringement case. Fed statutory damages are $10,000 per occurance, and
MP3.com said yesterday that they had encoded 40,000 CDs!

Assuming ~10 songs per average CD and 2 copyrights per song. Thats 8 billion
dollars in copyright liability alone. And that's before you start counting
each unlicensed stream at $20k too! (Remember, 2 copyrights per song)

I wouldn't be surprised to see the record companies and music publishers
just sue them for the cash.. Mp3.com's pockets may be deep, but they arent
that deep!

Does Robertson actually think he is going to get away with this for more
than a day or so before half the music industry sues him?

I'm actually surprised they haven't sued him yet.. <<


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