A set of companies belonging to the RIAA sue the Russian AllofMP3.com for a whopping 1.65 trillion USD. That’s a lot of money. BBC, for example has the story, but let me compare this number to some other figures:
- The Russian GDP is appr. $1.576 trillion (src)
- According to RIAA, music industry losses are $4.2 billion because of piracy (src) – so AllofMP3.com is sued for 392 years worth of damages.
- The world music sales were 20,795 billion USD in 2005 (src) – AllofMP3.com is sued for 79 years’ of music sales (if they had been this big ever since)
Very reasonable, right?
I’m all for commercial music, but when things get this out of hands it’s just ridiculous.