RIAA Offers Thomas-Rasset Settlement, T-R Rejects January 27, 2010
The RIAA offered to settle Jammie Thomas-Rasset’s case for $25,000 this afternoon. An offer which Thomas-Rasset quickly rejected. From her lawyers:
[A]s our response makes clear, Jammie is standing on principle here, and will not accede to payment demands that the RIAA is making thru an unconstitutional statutory scheme (that they lobbied for the creation of) and we will ride this train to it’s appellate end no matter how many future remittiturs are rejected.
At this point, any amount that the RIAA is likely to collect, through the actual amount imposed, or through bankruptcy proceedings of Thomas-Rasset (at the end of all the litigation and appeals), is going to be far less than they’ve paid their lawyers for the endless motions and two trials. There’s no question in my mind that this litigation was a money loser for the RIAA. Removing DRM from MP3s probably converted more people to music buyers than the threat of litigation.
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Posted in: Commentary by Ben Snitkoff.
