Source: Slyck News - MPAA Defeats TorrentSpy
(The quoted text has a missing zero on $30,00 - I assume its really $30,000)
Excessive?
A Los Angeles Federal court has rendered a $110 million judgment against Valence Media, the company which operates the now defunct TorrentSpy. This judgment represents the culmination of a lengthy decline for TorrentSpy, which was slowly strangled to death by the movie industry.
Additionally, Judge Florence-Marie Cooper ruled that "Plaintiffs are awarded statutory damages of $30,00 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...
(The quoted text has a missing zero on $30,00 - I assume its really $30,000)
Excessive?