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TorrentSpy bit the dust only weeks ago, shuttering its peer-to-peer file-sharing site. Now a federal judge has ordered the company to pay the Motion Picture Association of America $110 million (56 million pounds) for infringement of thousands of copyrighted film and TV shows.
In a four-page final ruling issued Wednesday, U.S. District Court Judge Florence-Marie Cooper entered the multimillion-dollar judgment against TorrentSpy parent company Valence Media for wilfully inducing, contributing and vicariously allowing copyright infringement on its Web site.
TorrentSpy Parent, Valence Media, Hit By $110Million Fine [uk.reuters.com]
Have you ever seen a portable CD recorder? It's not because they don't make them, its because there is a tax on them making them expensive. Plus they only accept the more expensive CD's labeled as audio also with a special tax.