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.
Update: Travis sez, "This article estimates the odds of being sued by the RIAA at 1:1840. This works out to a break-even point of $34960 per lawsuit."
It’s the end of an era, sort of: Fraunhofer IIS, the developers of the MP3 audio compression format, announced that they are ceasing their licensing program. In a blog post, spokesman Matthias Rose says that it’s had a good 20-year run and is obsolete. But it’s also true that the decoding patents expired last year, […]
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Alex Wood is an addict but won’t give up his smartphone. But he has five strategies for limiting its control over him: “I used to wake up tired. My body would ache and my head felt sore, like waking up with a hangover. Finally, I took control, like attending an AA class for addicts, I […]
Yes, yes there is. The ultraportable Twisty Glass Mini boasts all of the simplicity of its forebear, while fitting just a little bit better in your pocket.The Mini is perfect for casual smokers, and anyone who doesn’t have the patience or fine motor skill for rolling papers. This piece keeps the convenient design of its older […]
Learning to code is a perfect way to grow your technical sophistication, and open up a host of new career options. But since most “learn to code” initiatives focus heavily on web development, it can be tough to find good resources for general-purpose computer science outside of a 4-year degree program. To get a broad […]
While many newer smartphones boast decent water resistance, most of us are still stuck with the kind of handsets that need to spend the night in a bowl of rice when they get wet. If you want to enjoy your favorite podcasts in the shower but are holding out for your next phone upgrade, this […]