My Dad sends me this link, saying "Compare what they sold and what they were fined."
Within the first week, more than 2 million Beatles songs were purchased online for $1.29 apiece and 450,000 albums were sold.
So let's do the math, and we're assuming US figures...
2,000,000 songs @ $1.29 = $2,580,000
Which alone is pretty crazy, unless we also assume that the 450,000 albums are separate from that figure, and assuming $10 per album... We're talking over $7 mil total here.
It makes you wonder how much money the big labels really lost by not jumping on the digital bandwagon earlier, and how damned desperate they've become to save their dying business model.
$1 million lawsuit for as much as $7 million actual damages... ties into how insane that LimeWire lawsuit was... $75 TRILLION? Really?
Really?
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