Jammie Thomas-Rasset must be kicking herself today.
Thomas-Rasset, the American woman who has been fighting the RIAA in court for the last four years over 24 unauthorized songs she downloaded and shared online, has lost again in court, with a jury finding her liable for $1.5 million in copyright infringement damages.
That equals out to $62,500 per song she shared.
The RIAA was ecstatic with the decision (via Cnet): “We are again thankful to the jury for its service in this matter and that they recognized the severity of the defendant’s misconduct. Now with three jury decisions behind us along with a clear affirmation of Ms. Thomas-Rasset’s willful liability, it is our hope that she finally accepts responsibility for her actions.”
In 2007, Thomas-Rasset was found liable for $1.92 million in damages, but a retrial saw the fine dropped to $220,000.
Earlier this year, however, a Federal judge found the fine to be “shocking” and reduced it to just $54,000. The RIAA told Thomas-Rasset that they would accept $25,000, if she would agree to ask the judge to remove the decision from the record. She did not accept the terms of the deal.
Lawyers for the Minnesota woman have vowed another appeal.
Result for: decisions
Barnes & Noble has said this week, somewhat surprisingly, that it plans to put itself up for sale after suffering large losses in the battle for leader in the digital books market.
After the news, shares of the company jumped as high as 27 percent, finishing the day up 19 percent.
Founder and largest shareholder Leonard Riggio said he would consider being part of an investment group that could purchase the company.
The news appears to signal that the company is in desperate need of strong decisions that may not be so easy as a public company.
Says Forrester analyst James McQuivey: “They might feel they want to buy the company back now and take it public later and reap the windfall. But there aren’t a lot of investors who will be that certain about the probable outcome of that bet.”
The company has now formed a “special committee of four independent directors to consider all options for increasing shareholder value.”
While the company remains the top brick-and-mortar book store in the world, it has faced increasing pressure from Amazon and Wal-Mart.
Result for: decisions
At the E3 event, Nintendo unveiled the 3DS handheld, the first console to support 3D playback without the need for special glasses.
What Nintendo did not reveal, however, was a set timetable for the handheld’s release, or a price.
Today, IndustryGamers is reporting that Nintendo of America president Reggie Fils-Aime has confirmed the device will be launched no later than March 31st, 2011, although it is unclear which nations will get it first. (My bet is on Japan).
Price is still not revealed.
Perhaps more importantly, Fils-Aime says the final design may still be tweaked, after it receives feedback from E3 users.
Says the boss: “You know typically, at an E3, our engineers are looking for feedback. You know, we have an army of Nintendo representatives out on our show floor talking to attendees, getting reactions to everything in the device: the depth slider, the buttons, the sliding pad that is, essentially, an analog-type stick. These are things that we’re looking to get reaction to, including the overall button placement. When we get all that feedback, then we’ll finalize the design.”
When asked about the given timetable, Fils-Aime concluded: “Well, the reason we haven’t announced a launch date or pricing is that, first, we wanted to get reaction here. Secondly, we’ll be making individual market decisions in terms of what’s happening in Japan, what’s happening in the Americas, what’s happening in Europe. The one thing, for sure, is that we will launch in all of our major markets by March 31, 2011.”
