I just honestly don't understand where all the money goes.

Ideals like, it's ok to make treaties with other nations and then break them. It's ok to invade and steal someone else's land. It's ok to have colonies and empire, so long as you don't call them that. It's ok for big business to hire thugs to shoot workers who just want a fair deal. Yeah, the USA is exceptional alright.

we don't have loser pays

For justice to prevail the loser HAS to pay all court costs. Period!

Even though Veoh is out of business the record companies lost a lot in this. Veoh may be gone but any attempt to treat someone else this way will cause severe penalties. You can run this scam once and then the courts get wise to it and punish you for trying to sue someone when it was made clear to you previously that you didn't have a case. Anyone else they sue will get attorney fees and the right to counter sue for harassment.

I worked for mp3.com from 1999 to them folding in 2003 from UMG's (and others) lawsuit. I worked for Veoh from 2008 to 2009 when they folded from UMG's lawsuit. I HATE UMG. Those were the most fun jobs I've ever had. The work was challenging, the environment was fun, and my co-worker were some of the smartest people I've ever met. I had the opportunity to write code that solved problems no one had every faced before. It was awesome. UMG has screwed me out of 2 very fulfilling jobs.

And the real-world precedent of don't mess with the record companies even if you have the law on your side.

It's so sad that they can sorta "win" by pushing Veoh out of business via litigation. Even though Veoh won they still lost. Sad. The judge should have awarded fees.

Big Grats on this Ray! I know you've been preaching this for a long time. Good to see it finally getting some traction with the Courts. Am I also to believe that progress is being made with the improper joinder issue as well?

While this is a great ruling, I've noticed a recent pattern: most of the cases where judges have come down hard on copyright trolls do not involve material from major studios. They involve pornography, often gay pornography. There are quite a few of these cases chronicled on TorrentFreak. I wonder to what extent the judges are letting their disgust of the underlying material come through in their rulings. Would they be making the same rulings if these people were accused of downloading mainstream music or films?

Are you kidding me?

These jerks abuse the legal system to conduct extortion. Several prominent trolls are facing serious jail time for their crimes, which are numerous. And here you are worried that they have to have actual proof before trying to ruin somebodys life?!