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RIAA, Students Settle Piracy Suit (#1167)
Posted: 5/2/2003; 9:34 AM by Terry Frazier
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Interesting note in this Wired article regarding the RIAA suit against four college students. All four settled for relatively small amounts -- small, given the millions and millions of dollars RIAA claimed to be losing from their efforts.

While the settlement amounts are not insignificant for a college student, it's less than the cost of a top-line Hyundai. Can such a settlement set a precedent for realistic values in future file trading suits?

This seems an interesting balance the RIAA is trying to strike between public hysteria to drive new laws but more restrained actions against actors in their prime target market.

How, exactly, do you treat the vast majority of your customers as criminals while still trying to market to them? Interesting dilemma...

School Blocks Out File-Trading. Amid growing pressure from the Recording Association of America to stamp out illegal file-trading on university campuses, a New Jersey school takes matters into its own hands. By Katie Dean.

[...] On Thursday, all four students named in the complaints -- Aaron Sherman and Jesse Jordan of Rensselaer Polytechnic Institute, Daniel Peng of Princeton and Joe Nievelt of Michigan Technological University -- settled with the music trade group for between $12,000 and $17,500 apiece. [...] [Wired News]

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