Sunday, August 2, 2009

The Royalty Tenenbaums


Joel Tenenbaum, a 25-year old grad student at Boston University, was ordered to pay four record companies $675,000 for illegally downloading and sharing 30 songs between 1997 and 2000. The jury showed admirable restraint in not awarding the $4.5 million the record companies were seeking. Still, that's $22,500 per song which makes a $1 i-tune seem like quite the bargain. Even at that low standard, a similar jury verdict against TCG would put a very painful $180,000,000 (give or take a few $10,000,000 or so) dent in the old wallet.


And folks wonder why I'm headed for the border.

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