Huge Damages Awarded Against Ex-MP3Tunes CEO


Huge Damages Awarded Against Ex-MP3Tunes CEO
Huge bill of $41m for Michael Robertson...

Former CEO of music hosting website MP3Tunes Michael Robertson has been ordered to pay an astonishing $41 million to EMI, a figure which includes around $.5m in punitive damages, for his role in copyright infringement in a landmark case held in Manhattan this week.

While Robertson's lawyer, Ira Sacks, says that they plan to appeal the verdict, Martin Bandier, chairman of Sony Music Publishing issued a statement praising the verdict...

ony/ATV Music Publishing commends the jury on their careful consideration of the facts and their decision in the case.The judicial process has worked in favor of the songwriter and demonstrated a respect for the copyrights laws.We will continue to vigorously pursue action against those who have disregarded the copyright laws of the works entrusted in our care.

MP3Tune was founded in 2005 as a retailer of music for independent and unsigned artists, but quickly became aplace for users to store their music collection for access from other computers, and the ruling has a potentially hugeknock-on effect for the future of cloud storage.

Huge Damages Awarded Against Ex-MP3Tunes CEO on
About this author
Recent Articles by this author
20 May, 2014
Twitter's first attempt at pushing into the online music market may not have...
20 May, 2014
3D printing is becoming an increasingly big deal as more and more consumers start...
20 May, 2014
With the smartwatch and wearable technology spaces set to see major growth in the...
16 May, 2014
Although many analysts had claimed that it could take years before 4K Ultra HD televisions...