But what will the RIAA do with all the nukes…?

The case of the man who sued his drycleaners for 67 million dollars has nothing on the RIAA, who is suing the Russian web site allofmp3.com for 1.65 trillon dollars. This exceeds the entire GDP of Russia. If they succeeded in this lawsuit and were somehow able to collect, the income from this lawsuit alone would be greater the the income of the recording industry from all other sources since the recording industry came into existence.

As reported by wikipedia:

On December 18, 2006,[11] the RIAA, on behalf of EMI, Sony BMG, Universal Music Group, and Warner Music Group filed a US$1.65 trillion lawsuit against the site. That equates to US$150,000 for each of 11 million songs downloaded between June to October 2006, and exceeds Russia’s entire GDP.[12][13] $150,000 is the statutory limit for copyright infringement awards in the United States.[14] Allofmp3 responded to the lawsuit saying “AllofMP3 understands that several U.S. record label companies filed a lawsuit against Media Services in New York. This suit is unjustified as AllofMP3 does not operate in New York. Certainly the labels are free to file any suit they wish, despite knowing full well that AllofMP3 operates legally in Russia. In the mean time, AllofMP3 plans to continue to operate legally and comply with all Russian laws.”.[15]

Oh, and for those who are keeping track here is my prediction made on 09 September 2006:

9. An international dispute over so-called ‘IP’ rights will rise to prominence this year, with a website in the third world or a European country being pitted against a US or Japanese based company or consortium of companies. This dispute will escalate into a media event, and perhaps spill-over into a minor trade war. The Third World and Europe will, as a result of this, develop a much stronger antipathy towards the present IP regime, which has been largely imposed on the world by USA.

The reason I am quoting the prediction here is the last sentence, which the MPAA, the RIAA , and the Gang of Eight don’t get. The RIAA is being unbelievably stupid in their pursuit of these claims, in that, the headlines that they generate do permanent damage to the prospects for future existence of the IP laws that the RIAA members say that they want. So, to quote from Clint Eastwood as Dirty Harry: go ahead RIAA, make my day.

But what will the RIAA do with all the nukes…?

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