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Music Industry Wants a Cut of Pirate Bay Sale

kdawson posted about 5 years ago | from the blood-from-a-stone dept.

The Courts 214

suraj.sun writes "The music industry will attempt to seize money paid to acquire the Pirate Bay. A couple of weeks back the Global Gaming Factory, a Swedish software company, announced that it would acquire the Pirate Bay for $7.8 million. Since then the company has been touting a new business model and even hiring executives, such as Wayne Rosso, the former Grokster president, to legally obtain content from film and music industries. What remains to be seen is how that sale might be affected by attempts by the music industry to collect the $3.6 million damages that a Swedish court awarded it in April. Alex Jacob, a spokesman for the IFPI, said that the group has always intended to collect the damages award, but now, should the sale go through, music execs know that the original Pirate Bay operators have access to the money." According to CNet, the four original Pirates claim they no longer own the company and that no money from the sale will go to them.

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214 comments

News flash (5, Funny)

$RANDOMLUSER (804576) | about 5 years ago | (#28731503)

The music industry wants a cut of your liver as well.

Re:News flash (2, Interesting)

Drakkenmensch (1255800) | about 5 years ago | (#28731567)

Shylock also wanted his pound of flesh from Antonio, except that I wouldn't trust any RIAA lawyer to understand the compulsion of mercy from Portia.

Re:News flash (4, Informative)

dkleinsc (563838) | about 5 years ago | (#28731685)

Portia won not by appealing to mercy but because she understood the fine print better than Shylock: Shylock wanted his pound of flesh, but Portia pointed out that he was entitled to exactly a pound, and if he took any more or less he'd be guilty of murder.

The RIAA may not understand mercy, but they should definitely understand weaseling out of a deal be finding a loophole. After all, these guys do that sort of thing to musicians as a matter of course.

Correction (5, Informative)

Roger W Moore (538166) | about 5 years ago | (#28731829)

Portia won not by appealing to mercy but because she understood the fine print better than Shylock: Shylock wanted his pound of flesh, but Portia pointed out that he was entitled to exactly a pound, and if he took any more or less he'd be guilty of murder.

Not quite - she actually argued that he could take the pound of flesh but that he must not spill any blood since he was not entitled to that and that his lands and fortune would be forfeit under Venetian law should he take more than he was entitled to.

Re:Correction (0)

Anonymous Coward | about 5 years ago | (#28732161)

If you cut someone's foot off with a red hot blade and used a tourniquet there would be little to no blood loss and it would weigh about a pound. I always wondering why they never tried something like that in the story.

Re:Correction (1)

I'm not really here (1304615) | about 5 years ago | (#28732243)

Would you risk having one drop of blood fall based on this? If just one drop fell, he would lose everything... so, worth the risk?

Re:Correction (1)

MrNaz (730548) | about 5 years ago | (#28732245)

Jeez, if a plot hole that small trips you up, you must absolutely *hate* modern movies.

Re:Correction (1)

erroneus (253617) | about 5 years ago | (#28732309)

There would always be SOME blood within the flesh. Whether or not a drop falls or is even visible at any given time is irrelevant. It is there.

Re:Correction (1)

$RANDOMLUSER (804576) | about 5 years ago | (#28732247)

In the Norse legends, there's the story of how Loki lost a contest with Brokk, and he was to lose his head, but he argued that Brokk was entitled only to the head, not any of his neck, so Brokk had to settle for sewing Loki's lips shut. I wonder if that's where Will got the idea from.

Re:Correction (0)

Anonymous Coward | about 5 years ago | (#28732383)

Too bad he couldn't use a L1TESAYBRE!1!11!!!oneoneone!!1!!!!

Re:Correction (1)

Mikkeles (698461) | about 5 years ago | (#28732465)

Blood is part of flesh.

Re:Correction (2, Funny)

Sponge Bath (413667) | about 5 years ago | (#28732571)

-1 Inappropriately Literal Interpretation

Re:Correction (1)

dkleinsc (563838) | about 5 years ago | (#28732511)

Thank you, I stand corrected. It's been about 15 years since I studied Merchant of Venice, so my memory was a little fuzzy.

Of course, my point still stands: Portia is not an example of a successful appeal to mercy.

Jesus Christ (2, Insightful)

Anonymous Coward | about 5 years ago | (#28731505)

We need Obama on national television to verbally put these guys in their place. Set the record straight. No one in America thinks you're doing the Right Thing. Infact most everyone thinks you're doing the wrong thing.

I'm speaking generally about the RIAA's whole epic journey.

Re:Jesus Christ (3, Insightful)

Anonymous Coward | about 5 years ago | (#28731627)

What are you, crazy? The Dems are so deep in these peoples pockets that publicly admonishing them would be like kicking your boss in the nuts then asking for a pay raise.

Re:Jesus Christ (4, Informative)

Freetardo Jones (1574733) | about 5 years ago | (#28732071)

And yet the current RIAA president is a prominent Republican political figure and lobbyist. He was the chief of staff for Bill Frist. Not to mention the RIAA gave out just as much money to Republican candidates as it did Democrats. Not that this excuses the Dems, and it doesn't, but it's only fair to point out that the Repubs are just as much in the pockets of the copyright lobby as the Dems are.

Re:Jesus Christ (1)

Hadlock (143607) | about 5 years ago | (#28732139)

Take a look at what "Association" the Obama administration keeps pulling people from to fill top posts. Plus the Obama administration said they were going to try and include more republicans anyways.

Re:Jesus Christ (2, Interesting)

erroneus (253617) | about 5 years ago | (#28732377)

You could spin that in a different way... Obama is "dismantling" the RIAA by taking key players into public service. And theoretically, they should have to recuse themselves if they cannot be seen as fair and balanced in their actions.

Do I buy that spin? Of course not!! But it could still be spun that way.

Re:Jesus Christ (2, Insightful)

LandDolphin (1202876) | about 5 years ago | (#28732181)

Fair sure, but not relevant. The OP was talking about obama and the response brought up that he would not because of his position as a Democrat. The fact that Repulicans have the same stance as Democrats does not add anything to the topic of Obama and his posible position on the RIAA.

Re:Jesus Christ (1)

sorak (246725) | about 5 years ago | (#28732519)

Then it would be more accurate to say "American politicians" are in the pocket of the RIAA, as that statement does not imply that there is a difference between one party and the other, on this issue.

Re:Jesus Christ (0, Redundant)

Mordok-DestroyerOfWo (1000167) | about 5 years ago | (#28732085)

admonishing them would be like kicking your boss in the nuts then asking for a pay raise.

Depending on your boss that might actually work. It would be more like kicking your boss in the nuts then asking for a pay raise.

Re:Jesus Christ (1)

jez9999 (618189) | about 5 years ago | (#28732357)

What are you, crazy? The Dems are so deep in these peoples pockets that publicly admonishing them would be like kicking your boss in the nuts then asking for a pay raise.

More like kicking your boss in the nuts and saying, "fuck off, I quit", and finding a better company.

News Item : RIAA helping GOP to retake majority (0)

Anonymous Coward | about 5 years ago | (#28732687)

RIAA helping GOP to retake majority [p2pnet.net] .

You can click the link and inform yourself. Or was your real objective to smear the Dems?

Re:Jesus Christ (1)

owlnation (858981) | about 5 years ago | (#28732027)

We need Obama on national television to verbally put these guys in their place. Set the record straight. No one in America thinks you're doing the Right Thing. Infact most everyone thinks you're doing the wrong thing.

While I agree with your sentiment, and note that the RIAA has disgracefully had free reign in the US to do what they want, it is important to note that several of the members of the RIAA have nothing to to with the US. Sony BMG is a German / Japanese company. EMI is British.

So I'm not sure they will care one way or another what Obama thinks or says.

While restricting their ability to run a protection rackets through the courts is good, the only way to really hit them is by not buying their products.

Re:Jesus Christ (0)

Anonymous Coward | about 5 years ago | (#28732469)

Obama's not available at this time. He's touring a slave outpost in Ghana.

I got lucky! (5, Funny)

Monkeedude1212 (1560403) | about 5 years ago | (#28731537)

It's a good thing I pirated a copy of the Pirate Bay, otherwise my money would end up going to the music industry!

Re:I got lucky! (4, Funny)

BabyDuckHat (1503839) | about 5 years ago | (#28731677)

Yeah, sorry about that. Actually, all money goes to the music industry. It's in the constitution.

Me too!!! (0)

Anonymous Coward | about 5 years ago | (#28731547)

For all my "contributions" over the years, I deserve a cut.

Re:Me too!!! (1)

CarpetShark (865376) | about 5 years ago | (#28731873)

That's probably a fair point. Much fairer than the RIAA etc. trying to get a cut of a "business model" they did everything in their power to destroy.

Not just a cut of the Pirate Bay sale (5, Insightful)

Fujisawa Sensei (207127) | about 5 years ago | (#28731551)

They don't want just a cut of the Pirate Bay sale; they want a cut of your salary for the music they think you should have bought. And they think that amount should increase each year.

Re:Not just a cut of the Pirate Bay sale (0)

Anonymous Coward | about 5 years ago | (#28731833)

Kurt Vonnegut, Jr. - Player Piano

In the society portrayed in this book, most purchases are decided for you based on what the economy needs to thrive.

Re:Not just a cut of the Pirate Bay sale (1, Insightful)

Anonymous Coward | about 5 years ago | (#28731951)

Smells like stimulus!

Re:Not just a cut of the Pirate Bay sale (1)

Freetardo Jones (1574733) | about 5 years ago | (#28732009)

Is this part of the new Obama stimulus plan?

Re:Not just a cut of the Pirate Bay sale (1)

Stu1706 (1392693) | about 5 years ago | (#28732015)

Between the cut the government will get for taxes and the cut the music industry will get because of the settlement. That will leave very little for the prior owners.

Corporations want more money (1)

dkleinsc (563838) | about 5 years ago | (#28731571)

(whether or not they legitimately earned it)

Informational film at 11.

Re:Corporations want more money (1)

BlueKitties (1541613) | about 5 years ago | (#28732099)

Money! Hey guys, I have a great new idea to make money! Today, when people call us, we charge them money for the call! If they call back to complain, we'll charge them a complaint depot fee! (execs look back and fourth) "Brilliant!" "Whoohoo!" "We'll make MONEY!" My next idea is to offer free products, with $50.00 shipping! Imagine all the money we can make! "Money! Hahah" "*squeeel* MONEY!"

(>_> I get the feeling that goes on at certain company meetings...)

Paying to Pirate (3, Insightful)

Doug52392 (1094585) | about 5 years ago | (#28731575)

I bet they are planning on introducing "paid subscriptions" to cover the money needed to please the owners of the media. Which would be pretty bad, since why the hell would I pay to torrent if I could pay for Usenet access and download anything I want at decent speeds?

Re:Paying to Pirate (1)

Brian Gordon (987471) | about 5 years ago | (#28732069)

They are, at least according to the TPB wikipedia article

Re:Paying to Pirate (1)

Microlith (54737) | about 5 years ago | (#28732655)

I bet they are planning on introducing "paid subscriptions" to cover the money needed to please the owners of the media. Which would be pretty bad

So it's basically true that pirates are simply avoiding compensating the creators of a work?

Man, no one should pay you for doing your day job. You should work for free and like it.

They are going to rename it (0)

Anonymous Coward | about 5 years ago | (#28731599)

Hall Monitor Baby Pool.

I'm confused (5, Insightful)

CopaceticOpus (965603) | about 5 years ago | (#28731623)

"If you liked free music, you're going to LOVE paying for it!"

Is this making sense to anyone? What is the Pirate Bay without the pirates?

Re:I'm confused (4, Funny)

$RANDOMLUSER (804576) | about 5 years ago | (#28731641)

iTunes

Re:I'm confused (1)

JorDan Clock (664877) | about 5 years ago | (#28731651)

Disney World.

Re:I'm confused (3, Funny)

idontgno (624372) | about 5 years ago | (#28731767)

Even Disney World has pirates [wikipedia.org]

Re:I'm confused (0)

Anonymous Coward | about 5 years ago | (#28732417)

yes but they don't eat the tourists.

Re:I'm confused (4, Funny)

eln (21727) | about 5 years ago | (#28731673)

Hey now, Napster converted to a pay model and it worked great for them!

Re:I'm confused (2, Funny)

Anonymous Coward | about 5 years ago | (#28731771)

the bay ?

Re:I'm confused (0)

Anonymous Coward | about 5 years ago | (#28731959)

You mean it'll become an over-priced Canadian department store with the most horribly toxic smelling mall entrances ever?

No thanks, we've already got one.

Re:I'm confused (0)

Anonymous Coward | about 5 years ago | (#28732617)

Napster. How's that workin out for ya?

A 4 step program... (1)

GPLDAN (732269) | about 5 years ago | (#28731629)

1. Create torrent tracker that carries pirate torrents
2. Relentlessly self-promote
3. Find high profile buyer suckered into 'capturing the audience' while dodging the criminal case judgment
4. Profit!

Re:A 4 step program... (5, Funny)

Drakkenmensch (1255800) | about 5 years ago | (#28731791)

Replace step 1 with "???" and you have the internet business model that has prevailed since the mid-nineties!

Its not their money. (4, Informative)

wjh31 (1372867) | about 5 years ago | (#28731661)

"should the sale go through, music execs know that the original Pirate Bay operators have access to the money."

But from http://www.thelocal.se/20364/20090630/ [thelocal.se] in the linked /. article:

"...the money would not reach their pockets.

Rather, he said, the money would be used to create a fund to develop other internet projects."

Also surely they cannot intervene to collect the awarded money when there is still an appeal pending.

Re:Its not their money. (2, Interesting)

CorporateSuit (1319461) | about 5 years ago | (#28732661)

They should earmark some of the money for creating a charity that gives money toward helping disabled orphans find foster parents. Then the RIAA would look REAL bad when they demand money from them. "The money the RIAA is asking for is the same money we were going to give to all those poor, disabled orphans to help them find mommies and daddies!"

My mom thought he was funny, but more and more I've started to wonder if letting me watch Bugs Bunny my whole childhood was a bad choice.

Easy Money (1)

Caue (909322) | about 5 years ago | (#28731729)

Since I never downloaded any music from the internet *cough* I should be rewarded as well.

question (5, Insightful)

Anonymous Coward | about 5 years ago | (#28731737)

Please explain why anyone would pay money for a customer base that doesn't like to pay money for media?

Also $3.6m seems pretty cheap, here in the US I lost track of how many trillions of dollars the RIAA insists everyone owes them.

Not a big deal (5, Funny)

commodoresloat (172735) | about 5 years ago | (#28731749)

$3.6 million? If each song is worth like $150k, what is that, like 25 songs? Just send the RIAA a coupon for a free download of Thriller and The Wall.

Re:Not a big deal (1)

unifyingtheory (1357069) | about 5 years ago | (#28731975)

I just wanted to commend you on an insightful post (no mod points)

RIAA & Artists (1)

Gruff1002 (717818) | about 5 years ago | (#28731781)

I have never heard from any big name musical groups where their position is with the RIAA, I mean are the big artists in agreement with what the RIAA is attempting here. Maybe I am just ignorant, but can somebody clarify this?

Re:RIAA & Artists (2, Informative)

Anonymous Coward | about 5 years ago | (#28731849)

uh, metallica?

Re:RIAA & Artists (4, Funny)

CorporateSuit (1319461) | about 5 years ago | (#28731971)

"Please understand, you're not stealing from a corporation. There is only the five of us. We make a living doing this, and only this. When you steal my music, YOU ARE STEALING FOOD FROM MY DAUGHTER'S PLATE."
-David "Lars Ulrich" Phipps, Metallica drummer (emphasis was his)

Of course, this was apparently when Napster was downloading food as well as songs. That technology did not, successfully, carry over into torrents.

Re:RIAA & Artists (0)

Anonymous Coward | about 5 years ago | (#28732615)

Oh my god. Thank you for reminding me what an ignorant jerk the guy is. Time to listen through the whole Metallica back catalogue as 100% illegally-downloaded MP3s I never paid a dime for. Thanks, Lars!

Re:RIAA & Artists (0)

Anonymous Coward | about 5 years ago | (#28731919)

I guess it depends on how you classify "big name", but Trent Reznor (Nine Inch Nails) and David Draiman (Disturbed) are two names that immediately pop out as being vociferously against the current state of the music industry.

Re:RIAA & Artists (1)

HaZardman27 (1521119) | about 5 years ago | (#28732207)

I can't think of their names right now (because it's not music which I would listen to), but I know there are a few pretty large groups out there giving their albums away for free; not sure if it's a fan service or if it's in response to all the crap the RIAA puts listeners through. Then there's ***holes like Gene Simmons from Kiss who go as far as to openly state their hatred [cnet.com] , not even dislike, for today's young people for downloading music.

which company ? (1)

dotcomguru (1600131) | about 5 years ago | (#28731875)

I wonder which company is buying ? google lol - http://www.directpro.com/ [directpro.com]

They want money (4, Insightful)

furby076 (1461805) | about 5 years ago | (#28731955)

Ignore for a moment your hatred for RIAA/MPAA (i know it's hard, but try).

RIAA sued Piratebay
RIAA won
RIAA want's their money before Piratebay tries to run off with it

Now again, ignore your hatred of the RIAA - or swap RIAA for say your grandmother. How is this such a bad thing that the RIAA wants the money they won in a lawsuit? Imagine your grandmother sued the local supermarket and won. Now the supermarket is trying to sell itself and figure out a way to not pay your grandmother. Why would you object to your mother trying to claim the money she won?

Hate them - love them - or be indifferent - but they won a lawsuit and they should get what they are owed...and in this case its about 3.2 million.

Re:They want money (4, Insightful)

Anonymous Coward | about 5 years ago | (#28732079)

if your grandmother lobbied an entire COUNTRY to change its laws and forced a prosecutor to prosecute and bribed a judge to convict, yeah.... i'd be against your grandmother getting anything too.
 

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732091)

Ignore for a moment your hatred for RIAA/MPAA (i know it's hard, but try).

I have to admit... this is one of the better points on /. lately.
Can't stand RIAA, but they did win and naturally want to collect if they can.

Still... fcukers.

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732199)

Ignore for a moment your hatred for RIAA/MPAA (i know it's hard, but try).

RIAA sued Piratebay

RIAA won

RIAA want's their money before Piratebay tries to run off with it

Now again, ignore your hatred of the RIAA - or swap RIAA for say your grandmother. How is this such a bad thing that the RIAA wants the money they won in a lawsuit? Imagine your grandmother sued the local supermarket and won. Now the supermarket is trying to sell itself and figure out a way to not pay your grandmother. Why would you object to your mother trying to claim the money she won?

Hate them - love them - or be indifferent - but they won a lawsuit and they should get what they are owed...and in this case its about 3.2 million.

Actually, isn't one of the big points of the case that they sued the *makers* of the pirate bay, not the pirate bay itself?

Re:They want money (1)

LandDolphin (1202876) | about 5 years ago | (#28732227)

What? No pitchfork and torch? Might I ask why you hate freedom?

Re:They want money (3, Funny)

Explodicle (818405) | about 5 years ago | (#28732229)

Imagine your grandmother sued the local supermarket and won. Now the supermarket is trying to sell itself and figure out a way to not pay your grandmother. Why would you object to your mother trying to claim the money she won?

Because my mother didn't win anything. My grandmother won the lawsuit.

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732345)

Because my mother didn't win anything. My grandmother won the lawsuit.

Yeah, but your mother said something about it being "my inheritance" and about "not letting that bitch squander it".

Re:They want money (2, Insightful)

OutSourcingIsTreason (734571) | about 5 years ago | (#28732239)

Well what if granny planted an obviously biased judge who found for her and as a result the case is being appealed?

Re:They want money (4, Insightful)

IgnoramusMaximus (692000) | about 5 years ago | (#28732241)

Hate them - love them - or be indifferent - but they won a lawsuit and they should get what they are owed...and in this case its about 3.2 million.

The central flaw in any such "legalistic" arguments is an unspoken assumption that winning a lawsuit makes one "right" by definition. Well then, instead of your biased substitution of a "grandmother" for the RIAA, let's try some others:

"The NAZIs accused a man of being a "subversive" Jew, a NAZI court agreed (yes they did have "lawsuits" in some of these cases), NAZIs won (no surprise there), NAZIs want their Jew before he runs off to somewhere they can't get him and all of his possessions ..." or try this, closer to home: "A slave escaped a Southern plantation and manages to make his way to Canada, the plantation owner finds out that his escape was helped by someone with US holdings, he sues that person, he wins, and now wants his money before the person in question tries to run off with the money...."

I could go on, but this should be enough to show you the basic truth: "legal" and "right" are not necessarily (and in recent years, increasingly ever more rarely) the same.

Re:They want money (1)

immakiku (777365) | about 5 years ago | (#28732625)

One more scenario I'd like to add to that. If we are to remove the concept of moral correctness from the court-ruled judgment, we are in effect arguing just in the realm of law. What if the Pirate Bay guys are legally "weaseling" their way out of paying for something that RIAA legally "won"? Would you still have sympathy for the RIAA?

In your appeal for sympathy, you mentioned the scenario of the grandmother vs. the supermarket. The case you are obviously going for is that the grandmother is in the moral "right". Morality and Legality are separate and distinct concepts. Arguments should be made and sympathies awarded while keeping in clear view these distinctions.

Re:They want money (2, Informative)

Anonymous Coward | about 5 years ago | (#28732279)

When my grandmother judge shops to get one of its flunkes to preside over the case [thelocal.se] , then I'll listen to your argument.

Now before you say that the court dismissed that claim [appscout.com] , notice the last line: "Pirate Bay went on to accuse Judge Eka of commiserating with lawyers for the Motion Picture Association of America and the IFPI." In other words, Fox B says it's OK for Fox A to guard the hen house.

Re:They want money (1, Redundant)

loganrapp (975327) | about 5 years ago | (#28732285)

Agreed. Once the ruling's come down, you abide by it. This certainly looks to me like an attempt to circumvent what they owe the RIAA. And I hate the RIAA, but they do owe them. That's how it's how it works - you lose a dispute, you pay the price. If you think the dispute was lost unfairly, you appeal. And if you want to look at it in more pragmatic terms for the PB people - don't look like you're trying to subvert the system when you're trying to appeal within it. That's just stupid and helping you lose your appeal before you file it.

A better example of this is SCO (3, Insightful)

StevenMaurer (115071) | about 5 years ago | (#28732293)

Novell sued SCO for the money SCO got in licensing their own products
Novell won
Novell wants their money before SCO tries to "sell" their assets to a buyer that is nothing but a sham front company for SCO.

According to groklaw, this is exactly what is going on right now.

The thing about the law is that it is supposed to operate equally for everybody. And it actually does - when all the parties are rich. For whatever else you want to believe, the PirateBay is not poor.

Similarly... (2, Insightful)

gerf (532474) | about 5 years ago | (#28732295)

Hate them or love them, the English nobles were entitled to First Night with Scottish women. Braveheart and his wife did not follow the law, and she paid the price after being found guilty. According to your logic, there is no moral argument once a government makes a ruling.

Hate them - love them - or be indifferent - but they won and they should get what they are owed...

Re:Similarly... (0, Redundant)

jedidiah (1196) | about 5 years ago | (#28732485)

Braveheart

Yet another $5 movie that keeps me away from the Music department...

Not at all (2, Insightful)

kyz (225372) | about 5 years ago | (#28732303)

The IFPI sued the Pirate Bay, not the MPAA.

The IFPI won an initial judgement. There are still a whole boatload of appeals to go before the Pirate Bay is required to give any money to the IFPI.

But the IFPI don't really want reparations; what they do want is for millions of people to give up pirating music. In order to do that, they have to give all those people the impression that they will be mercilessly crushed by the law if they dare infringe copyrights.

That's why the personal friend of the music industry (the judge) hit them with a huge initial fine, and the entire news media (owned by the same people who own the music industry) disseminated the fact of the huge fine as widely as the could muster.

At the end of the day, it's not really about the Pirate Bay. It's about YOU, the average consumer. The IFPI are driven by a need to control you. If they can't make you love them, they'll make you fear them.

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732329)

Ignore for a moment your hatred for RIAA/MPAA (i know it's hard, but try).

Now again, ignore your hatred of the RIAA ... How is this such a bad thing that the RIAA wants the money they won in a lawsuit?

Ignoring for a moment my hatred for RIAA/MPAA, it's not such a bad thing. Thinking about it, if I ignored my hatred for Pol Pot for a moment, he probably could appear to be quite a nice guy--until I stopped ignoring my hatred for him, of course. Now where were we?

Re:They want money (1)

javacowboy (222023) | about 5 years ago | (#28732337)

So collect it from the new owners of the company.

unless you are called SCO (1)

RotateLeftByte (797477) | about 5 years ago | (#28732483)

and can find some way to sell the company without the liabilities...

AFAIK, The Pirate Bay has very few assets so collecting the amount of damages awarded might be difficult.
What is clear however that that has been sold is the 'Name'. This is usually counted in what is called 'goodwill' when you do du-diligence of a company during a merger/take-over. If the contract puts the monies from the sale into something like a Blind Trust then the MPAA/RIAA/Whoever will find it difficult to recover. Swedish law may not allow the operation of a blind trust though.
If not there is always and account in the Caymans...

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732367)

Let me help you out with this:

Imagine your grandmother sued the local supermarket['s] former owners and won. Now the supermarket is trying to sell itself and figure out a way to not pay your grandmother. Why would you object to your [grand]mother trying to claim the money she won?

Not to mention that my grandmother lives in a different country than zed supermarket...

Re:They want money (2, Funny)

Quiet_Desperation (858215) | about 5 years ago | (#28732539)

or swap RIAA for say your grandmother.

Great! So I can put the RIAA in an old folks home and get power of attorney over them?

Re:They want money (2, Insightful)

Colonel Korn (1258968) | about 5 years ago | (#28732635)

Hate them - love them - or be indifferent - but they won a lawsuit and they should get what they are owed...and in this case its about 3.2 million.

You've fallen for one of the classic blunders. You've confused legality with morality. The complaints here aren't about the RIAA's legal rights. The persistent discussion on /. is whether the law is just. This seems rather natural, given that the entire case exists due to millions of dollars of RIAA lobbying in the US resulting in political pressure on Sweden. If the RIAA paid enough senators to made it illegal for your grandma to hum songs, then sued her, would you still stand by the statement that they "should get what they are owed" just because the law says so? Maybe you and I have different definitions of "should."

Re:They want money (0)

Anonymous Coward | about 5 years ago | (#28732677)

But my grandmother's not a greedy bitch...

And she never ever tried to sell me a Supertramp "Greatest Hits" CD for $15.

Mr, Pot? Meet Mr. Kettle (0)

Anonymous Coward | about 5 years ago | (#28731985)

Who's calling whom a pirate?

Who downloads music (1)

Holi (250190) | about 5 years ago | (#28732171)

WTF but why would you bother with bittorrent for mp3's. It makes more sense that the movie industry would want a cut, or even the software industry. I mean really what's the use of using torrents for 5 meg files.

Scortched Earth (1)

AP31R0N (723649) | about 5 years ago | (#28732179)

If i were tPB guys, i would have deleted everything, including the backups and burned all the remaining hardware and swag. You want it? Here it is. i'd sooner destroy it than give it away.

Re:Scortched Earth (1)

British (51765) | about 5 years ago | (#28732613)

And just what do they have for assets? It is just a bunch of torrent links, not the actual content.

They want a cut of everything. (1)

Hurricane78 (562437) | about 5 years ago | (#28732269)

Doesn't mean they will get it. ^^

Film at 11.

Everyone should get a piece of the action (1, Interesting)

Anonymous Coward | about 5 years ago | (#28732343)

If the music industry feels it's entitled to a piece of the Pirate Bay pie, what of the other industries that are affected, where is their share? Movie studios, Television studios, Book publishers, Anime production companies, Comic book studios, Game developers, Software Application developers and Porn studios; all need to be included in on their cut of the proceeds.

Does anyone actually know how much music is pirated as compared to these other media? I'd have imagined that at the start of the P2P thing (when everyone had a 56K modem) that it would be mostly music due to smaller file sizes, but given the penetration of high speed broadband connections I should think that music only makes up a small portion of all media that's pirated nowadays.

And yet, why is it that it's the music industry always seems to be the first to swim along when they smell blood? What is it about their corporate culture that makes them so greedy and litigation-happy?

Re:Everyone should get a piece of the action (1)

jedidiah (1196) | about 5 years ago | (#28732529)

Good point.

Some people have gone so far as to replace cable TV with Torrents.

The movie industry probably has more standing here than Music does.

OTOH, the movie industry at least test the whole "tiered pricing" thing.
Perhaps they aren't quite as clueless as the MPAA and have managed to
learn something from all of the RIAA's flailing about.

Re:Everyone should get a piece of the action (0, Offtopic)

erroneus (253617) | about 5 years ago | (#28732555)

You forgot porn. Why does everyone forget porn? Porn is the driving force behind thousands of years of technological and artistic advancement of mankind. It is most amusing to me that in medical science, people try to "cut the head off of the body" and treat the mind and body as separate items. Likewise, people constantly try to cut the penis off of the body. Human sexuality is probably the single most defining aspect of who we are as humans whether of the male or female gender (or somewhere in between), we define ourselves by sexual identity and role and appearance and function. Our bodies by virtue of our very biochemical make-up sends messages of attraction and arousal to our mind and body on a constant basis. Porn is but a reflection of our humanity just as all other things are, but I hold that porn is, in fact, a tremendous, controlling and driving portion of ourselves.

The denial of porn is a costly one as Sony well understands. Betamax, a superior technology to VHS, was killed by their denial of porn. No other factor in the demise of Betamax was as significant as the fact that porn was only available on VHS. Sony nearly made that same mistake with Blu-ray before someone stepped in with a history lesson. And denying that porn is a huge part of how the internet is used is a rather powerful omission of truth.

Music Industry Wants a Cut of the Booty! (1)

gubers33 (1302099) | about 5 years ago | (#28732371)

Seriously is anyone besides me sick and tired of the music industry begging and asking for money from everyone. I swear they would want a cut of a homeless guy's shopping cart full of cans if they found out he downloaded a song before he was homeless. It is getting rediculous everyday on Slashdot there is something new they want a cut from or want money from. Yet the RIAA won't show anyone their earnings books. Next we are going to hear Obama downloaded a song illegally from the White House and the Music Industry will want a cut of Fort Knox.

Re:Music Industry Wants a Cut of the Booty! (4, Informative)

sorak (246725) | about 5 years ago | (#28732595)

Seriously is anyone besides me sick and tired of the music industry begging and asking for money from everyone. I swear they would want a cut of a homeless guy's shopping cart full of cans if they found out he downloaded a song before he was homeless.

It's not about the cans, it about the fear.

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