lee551
06-30-2006, 04:29 AM
this probably belongs in filesharing, but i wouldn't take it too seriously. i figured more people would get a kick out of it here.
Wednesday, June 28, 2006
P2P insurer will pay your fines if RIAA sues: $19/year!
David sez, "Apparently, a company in Sweden is offering file-sharing insurance - they'll pay your fines if you're sued by the RIAA. The /. submitter translates the link as follows: 'For a mere 140 SEK ($19 USD) per year, they will pay all your fines and give you a t-shirt if you get convicted for file sharing.'"
I have no idea if these insurers can be trusted with $19/year, but it actually sounds like a pretty plausible business model. If you count up all the file-sharers on the net, and divide it by the all the fines and settlements ever paid to the RIAA, my guess is that it's way less than $19/year, which suggests that you could make a buck (or Kronor) at this. Link (Thanks, David!)
source (http://www.boingboing.net/2006/06/28/p2p_insurer_will_pay.html)
seen on digg (http://digg.com/tech_news/P2P_insurer_will_pay_your_fines_if_RIAA_sues_$19_year!)
Wednesday, June 28, 2006
P2P insurer will pay your fines if RIAA sues: $19/year!
David sez, "Apparently, a company in Sweden is offering file-sharing insurance - they'll pay your fines if you're sued by the RIAA. The /. submitter translates the link as follows: 'For a mere 140 SEK ($19 USD) per year, they will pay all your fines and give you a t-shirt if you get convicted for file sharing.'"
I have no idea if these insurers can be trusted with $19/year, but it actually sounds like a pretty plausible business model. If you count up all the file-sharers on the net, and divide it by the all the fines and settlements ever paid to the RIAA, my guess is that it's way less than $19/year, which suggests that you could make a buck (or Kronor) at this. Link (Thanks, David!)
source (http://www.boingboing.net/2006/06/28/p2p_insurer_will_pay.html)
seen on digg (http://digg.com/tech_news/P2P_insurer_will_pay_your_fines_if_RIAA_sues_$19_year!)