Cuban Says RIAA Damages Should be $5 Per Month

Slashdot reported this: “Mark Cuban is arguing over at Blog Maverick that with the introduction of Yahoo!’s new $5 per month music service that this needs to become the new de facto ‘damages’ that the RIAA ought to be able to claim when suing kids. After all, when the kids could have paid for the music via Yahoo! for $5 a month it makes it hard to say the music loss is worth more than that. ‘The RIAA can no longer claim that students who are downloading music are costing them thousands of dollars each. They cant claim much of anything actually. In essence, Yahoo just turned possession of a controlled music substance into a misdemeanor. Payable by a $5 per month fine.’”

This is all based on a blog post from Barry Ritholz.

I wonder how soon some smart lawyer is going to counter-sue the RIAA for his client’s settlement?






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