IFPI Invoices The Pirate Bay for $2.5 Million In Compensatory Damages
The International Federation of the Phonographic Industry (IFPI) has sent The Pirate Bay a bill for $2.5 million in damages from 24 music CDs, nine movies and four video games. The compensation was determined by counting the how many times the aforementioned content was downloaded. They are also demanding general statutory compensation because those downloads were allegedly unauthorized. However, The Pirate Bay insists that 1) they...
Amazon Now Number 2 Online Music Retailer
Amazon has officially climbed into the number 2 spot as an online digital music retailers. According to sales figures from the four major labels, Amazon’s MP3 store, which sells only non-DRM (Digital Rights Management) MP3 files, has become second to iTunes after only 6 months in business. The majors have always wanted a strong competitor to iTunes and only after conceding to strip away DRM, have they been able to establish a...
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