Megaupload sued for millions by six movie studios
Six major film studios are suing the now-defunct online piracy site Megaupload, seeking a piece of the $175 million earned by the site’s founders (allegedly) by sharing copyrighted material. That’s in addition to the $500 million estimated cost of enabling large-scale copyright infringement.
The suit doesn’t specify how much the studios want to collect in damages, but Paramount Pictures, 20th Century Fox, Disney, Universal, Columbia Pictures, and Warner Bros. argue they are entitled to $150,000 per infringement, plus the profits from each infringement. As Megaupload operated on a massive scale, that number translates into millions of dollars very quickly.