LokiTorrent is yet another BitTorrent site to be targeted in the MPAA crush p2p, sue file sharers vendetta.
The Big Seven movie studios claim they’re being ruined by file sharing and that thousands of ancillary staff are suffering terrible hardships as a direct result and yet, at the same time, they’re reporting mind-boggling revenues. For a taste, check out the Big Earners list.
One film, Titanic, raked in more than half a billion dollars and this year, in June alone, the North American movie industry took in $1.03 billion, a 14% increase over June 2003’s previous monthly record.
Now LokiTorrent is looking for $30,000 to go towards, “legal and other costs associated with saving peer-to-peer as a whole”.
Read the complete story @ P2Pnet News
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