I'm not sure if this article has b een posted yet
Lawsuits against four college students accused of trading copyrighted songs are the biggest punch yet by the recording industry against its core audience, and has experts worried that the next step will be suing the colleges themselves.
The damages sought by the suits are astronomical: $150,000 per song, the maximum allowed by law. Multiply that by the 652,000 or so songs the RIAA alleges student Joseph Nievelt offered to other Michigan Tech students on his service, and the scope of the suit is clear.
So how much would you owe?
$150,000 x how many songs you have?
I'de owe $432,900,000