13 music industry wants LimeWire to pay up to $75 trillion in damages after losing a copyright infringement claim. That’s right . . . $75 trillion.a hilarious sum of money that quite possibly doesn’t even exist. When the companies won a ruling against Lime Wire last May, they requested damages that could now end up totaling the aforementioned ridiculous amount, which is five times our national debt.the U.S. GDP is around 14 trillion – less than one fifth of what the music industry is requesting. Heck, the GDP of the entire world is between 59 and 62 trillion. That’s right, the music industry wants LimeWire to pay more money than exists in the entire world.
Famous file-sharing service LimeWire was shut down last October, after Judge Wood found them liable for copyright infringement in May 2010.
The plaintiffs requested damages from $400 billion to $75 trillion and argued that Section 504(c)(1) of the Copyright Act “provided for damages for each instance of infringement where two or more parties were liable,” which could explain how the total could somehow rise to the $75 trillion, because each “instance of infringement” could technically be counted as each and every separate download. [Source]
