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Torrentspy Sued For $110+ Million

Valence Media, former owners of TorrentSpy, a search and discovery service for torrents and file sharing networks which was voluntarily shut down earlier this year, has been ordered by US courts to fork over $110+ million to the MPAA (Motion Picture Association of America).

From Mashable:

To top things off, the MPAA has been awarded statutory damages of $30,000 “per infringement pursuant to 17 U.S.C. § 504(c), for each of the 3,699 infringements shown, for a total judgment in the amount of $110,970,000…”

More in-depth coverage of the TorrentSpy judgement at: Slyck, TorrentFreak, Wired, Slashdot, NewTeeVee and CrunchGear.

Posted: Thu 5.8.08 @ 6:59am EST by Paul Short