The Finch Formerly Known As Gold

29 June 2006

Torrential brilliance

A Swedish firm is offering RIAA insurance: if you are busted by the music industry for file-sharing, they say they will pay whatever fines are assessed against you. The annual premium is 140 kronor, which is nineteen American simoleons.

Says Boing Boing's Cory Doctorow:

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.

I'd recommend it to all those dead grandmothers who wind up on the RIAA's hit list.

(Via The Consumerist.)

Posted at 10:07 AM to Entirely Too Cool , Fileophile

TrackBack: 6:51 PM, 29 June 2006
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