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For the Torrent Fans ... Ouch

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I was just reading this on another forum. For all of those people who own or visit Torrent type sites ... Here is your future :

May 7th, 2008
MPAA wins $111m from bankrupt TorrentSpy
Posted by Richard Koman @ May 7, 2008 @ 4:40 PM

A federal judge in L.A. awarded the Motion Picture Association of America a $111 million judgment against TorrentSpy.com, the file-sharing site that shut down in March, AP reports.
TorrentSpy operators Valence Media LLC were hit for $30,000 per violation for nearly 3,700 illegal movie and TV shows.

β€œThis substantial money judgment sends a strong message about the illegality of these sites,” said Dan Glickman, Chairman and CEO of the MPAA. β€œThe demise of TorrentSpy is a clear victory for the studios and demonstrates that such pirate sites will not be allowed to continue to operate without facing relentless litigation by copyright holders.”

Valence is seeking bankruptcy protection in the U.K.


http://government.zdnet.com/?p=3791


Have a nice Day :blink:
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
AfternicAfternic
Chicken most tours dont even cover costs. Bands dont make money from them. The reason a band tours is to increase sales in their albums.
 
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peter@flexiwebhost said:
Chicken most tours dont even cover costs. Bands dont make money from them. The reason a band tours is to increase sales in their albums.

Bands keep most of the money they make from their concerts. They make about nothing from CD sales unless their selling hundreds of thousands to millions. So if they don't make any money from tours then how are they making any money at all?
 
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Chicken said:
Bands keep most of the money they make from their concerts. They make about nothing from CD sales unless their selling hundreds of thousands to millions. So if they don't make any money from tours then how are they making any money at all?

No the person who makes the money from tours are the promoters. The only thing in tours bands make money from is merchandise (such as tshirts and cd's which unless they licence them themselves have to buy from the record company)
 
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peter@flexiwebhost said:
No the person who makes the money from tours are the promoters. The only thing in tours bands make money from is merchandise (such as tshirts and cd's which unless they licence them themselves have to buy from the record company)

Thats what I was mostly talking about. Them making the money off the merchandise they sell at the tour. Not making money off the tour itself, sorry for not being more specific :)
 
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Chicken said:
By buying that $40 CD you not supporting the artist, your supporting the record label. Artists make almost nothing off CD's unless they have sold millions of CD's. I do download all the music I want. If I didn't I still wouldn't go out and waste my money on buying the CD. Id rather use that money and attend a concert of theirs that they actually make money off of.

Great justification ...whatever floats your boat. I can guarantee that I know more about how the music industry works than you. Everything you just said...hogwash.

Did you know that unless artists sell X records they actually OWE the record label money?

Do you realize how much record labels spend in order to help launch the artist?

Would you even know what bands to like if it wasn't for the record labels promoting these bands?

Tours ONLY happen because record labels are able to assist bands in their promotion.

Get rid of the record industry..and you get rid of bands.

The quality of music has gotten incredibly poor the past few years...that's because record labels can't afford to take chances on anything that won't sell. Profits and sales are declining at a rapid pace.

bah...open thievery makes me sick...it's like a bank robbery in broad daylight
 
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labrocca said:
Great justification ...whatever floats your boat. I can guarantee that I know more about how the music industry works than you. Everything you just said...hogwash.

Did you know that unless artists sell X records they actually OWE the record label money?

Do you realize how much record labels spend in order to help launch the artist?

Would you even know what bands to like if it wasn't for the record labels promoting these bands?

Tours ONLY happen because record labels are able to assist bands in their promotion.

Get rid of the record industry..and you get rid of bands.

The quality of music has gotten incredibly poor the past few years...that's because record labels can't afford to take chances on anything that won't sell. Profits and sales are declining at a rapid pace.

bah...open thievery makes me sick...it's like a bank robbery in broad daylight

Yes I did?

A lot of money. That doesn't mean the record label deserves 3 million and the artist gets $30.

I don't listen to bands that are with major record labels. Indie labels treat their artists a hell of a lot better.

What about unsinged bands that tour?

Get rid of the record industry and you get rid of the junk bands that should have never made it mainsteam. The day record labels thought more about the money then they did the artist is the day music died.

They have enough money to take the chance to sign a band that may flop. Why risk money on a band that wont sell when they can sign a band and just throw money at it to make them popular?

Record companies making millions of hard working artists make me sick.
 
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i was having a read of it an dits been ont he news a lot here.

To me, I see it as a good thing. no more illegal downloads form that site

-Dan
 
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$XXXmm verdict means little, unfortunately.

You can't get blood from a turnip/stone, and EU and other European/Developed countries are caring less and less for US court decisions. Not going into what part of the verdict would be punitive (Germany and others have begun to summarily "throw out" punitive awards from the US as opposed to the historical practice of "a valid judgment is a valid judgment is a valid judgment" - the US is one of only a handful of countries to have "punitive" damages available to private litigants.), but whether through protection through bankruptcy or other remedy, the MPAA will suffer a huge net loss as a result of this litigation.

-Allan :gl:
 
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labrocca said:
..... Did you know that unless artists sell X records they actually OWE the record label money?
Most bands that sign must be really desperate.

labrocca said:
Do you realize how much record labels spend in order to help launch the artist?

Would you even know what bands to like if it wasn't for the record labels promoting these bands?
I believe that I can decide for myself what music I enjoy.

Tom Petty has a new song about the "Last DJ" who plays what he wants to play. Record industry control prevents the majority of bands from being heard while a few chosen bands get all the air time - and the vast percentage of the money does not ever get to the band. Petty and the other great bands would rise to the top virally if there were no music industry - there would be a lot more variety and the junk bands would not be rammed down our throats.

labrocca said:
Tours ONLY happen because record labels are able to assist bands in their promotion.

Get rid of the record industry..and you get rid of bands.
Super mega concerts might be less common, but live music is a lot older than recorded music. The (music) world would go on. The internet will largely replace the record store, and long tail marketing will open up possibilities for many new artists. I would rather see a lot of musicians making a decent amount of money than a few making millions while most are making nearly nothing.

labrocca said:
The quality of music has gotten incredibly poor the past few years...that's because record labels can't afford to take chances on anything that won't sell. Profits and sales are declining at a rapid pace.

Music has declined ever since the Beatles broke up. (only partly joking).

labrocca said:
bah...open thievery makes me sick...it's like a bank robbery in broad daylight

Monopoly is theft also.
 
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What hypocracy...

Paypalsucks.com and other sites can legally operate and are not reponsible what their users post.

Torrent sites can operate but are now legally responsible for what their users post.

I see a horrible pattern here....
 
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mike123106 said:
Paypalsucks.com and other sites can legally operate and are not reponsible what their users post.
Not yet held responsible by someone, anyway.
 
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Oh how easy it is to forget that there was a classaction lawsuit against the CD companies for price-fixing in the 90's .
I personally bought 5 cd's a week during those 10 years , at an illegal inflated price set by the CD companies.
So, they can go ....
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Ah yes , let's also forget that those same companies get a royality for every blank 'music' cd sold, and for every 'cassette' sold, they make money even if people use those cassettes for their own projects!!

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They make money , and make you feel guilty, Are they going to give a refund if the music sucks? flat out no
 
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xXDanteXx said:
I agree with squid. The big companies have caused this themselves.

For example in my country if i want to buy a legit game for my XBOX 360 it would cost me approx 100$ but if I buy that same game from pirated disc store (which they themselves download through torrents) it will cost me only $2 :hehe:
This is rationalization not reason. Blame the victim. It's the same sad crap that pedophiles and rapists use.
 
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liquidcherry said:
500k could by you a cheap a$$ sneaky lawyer... :lala: :laugh:

Cheers,

Frank

or 2 decent hitmen... But you didn't hear it from me
 
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liquidcherry said:
500k could by you a cheap a$$ sneaky lawyer... :lala: :laugh:

Cheers,

Frank


Too late for that - Unless they specialize in Bankruptcy ...
 
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Xrayz said:
or 2 decent hitmen... But you didn't hear it from me
How infantile.
 
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