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Submission + - Cdn Record Industry Facing $60B Copyright Lawsuit (michaelgeist.ca)

An anonymous reader writes: Michael Geist is reporting that the four major record labels that comprise the Canadian Recording Industry Association have been hit with the largest copyright infringement lawsuit in Canadian history. A class action claims $60 billion in damages for unauthorized and unpaid uses of recordings. The record labels openly admit at least $50 million in liability but believe working to pay the outstanding amounts "would be an unproductive use of time". The plaintiffs, led by the estate of jazz musician Chet Baker, are also seeking punitive damages given the strict enforcement of copyright by the same labels against consumers.

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