RIAA robs student of life-savings.

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  • joeyjoe367
    Confirmed 11 bps RT User!
    • May 2001
    • 1982

    #46
    Nippinout, the correct term the way you are using it would be "Operating Expenses"

    it says Operating Income here, which is by definition:

    "A measure of a company's earning power from ongoing operations, equal to earnings before deduction of interest payments and income taxes. also called operating profit or EBIT (earnings before interest and taxes). "

    *Source: http://www.investorwords.com search "Operating Income"

    They lost more than a billion dollars in their music section.

    *edit* I guess if you look there, they profit $482 Mill. but after paying debts, etc... they lose a billion. Time-Warner has almost 30 Billion in Long term Debts.

    Revenues are basically the amount of money that they made Selling CD's. EBITDA is "Earnings before INcome taxes, deductions and amortization" so basically after their operating expenses were deducted. the 1.313 bil loss is after several debts were paid.
    Last edited by joeyjoe367; 06-12-2003, 02:29 AM.

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    • shartley
      paintball player
      • Mar 2001
      • 9169

      #47
      Originally posted by Pokaris
      I will continue to be condescending as long as you continue to be a moron, so I don't see it stopping anytime soon.
      Originally posted by Pokaris
      Did you notice how I also mentioned the salesperson behind the VCR? Funny how you conveniently don't acknowledge that. Are they responsible either? I mean technically they provided the VCRs in your example.
      Originally posted by Pokaris
      Last I checked murder was a criminal charge, but maybe I've been dealing with reality while you were off in la la land. It's called drawing a parallel, look into it.
      Originally posted by Pokaris
      Ever heard of leasing a vehicle? Wanna break that one down? Oh you rent the vehicle from the manufacturer. Is Ford responsible for speeding tickets of leased vehicles? Looks like I am talking to idiots, no wonder I get used to it.
      Originally posted by Pokaris
      Do you understand how hard it would be to prove that an ISP should be monitoring packets? I don't think there has been a case that remotely resembles this, because no one would waste time on a losing battle like that. How can you legally prove someone should be aware of something?
      Originally posted by Pokaris
      A police officer is enforcement of the law, that doesn't mean you have any understanding of it, they enforce what they are told is the law. That's like claiming the military is a major factor in the establishment of foreign policy, they are just an enforcement agency. When was the last time the Supreme Police Officers made a ruling on a law in this country? Oh that's right, it has never happened.

      Apparently you don't live in the United States, but this country was founded on the fact that an unjust law should not be obeyed. Apparently you don't have to take any US History to be a Cop in whatever sad area you policed.
      Originally posted by Pokaris
      I never used the term "but", I acknowledged you may have been right which may have been a first time in your life. If you honestly believe that you could fight the RIAA, then you are seriously one of the most stupid individuals I have ever met. Do you know how much money you would have to invest just to get to trial against them? We're talking tens of thousands of dollars(if not more), don't you think they know they can spend anyone into the ground? How much venture capital was behind Napster, and how did it fair? If you don't believe that the legal bills would have surpassed 12k, then I will just stand back in awe of the rampant ignorance.
      Originally posted by Pokaris
      How about you go do whatever the you do, and leave technology issues to those that can understand them?

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      its more like a paper cut that has primadonna's yelling murder... - Glickman

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      • RamboPreacher
        Player, not a Pro
        • Oct 2002
        • 1084

        #48
        bah. I don't necessarily agree with the RIAA. However, I do feel that people should have more respect for the legalities fo listening to MP3's.

        Do I have some MP3's? Yes, but only the ones that are provided as free samples of CD's. I actually save very few of these, though since when/if I buy that CD, I probaby rip my own fromteh CD after I buy it.

        Buy the music you listen to, it's the right thing to do.
        Thanks, Brent "RamboPreacher" Hoefling, CPPA founder

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        • MantisMag
          Dim Sum
          • Dec 2001
          • 1895

          #49
          Originally posted by irbodden


          Ever hear of legal fees? The kid only paid $12,000, and has already recovered 9,000.

          He got out easy
          i agree. the question is why did he get out easy if the riaa is in the right? my suggestion is that they didn't really have much of a case against him.

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          • shartley
            paintball player
            • Mar 2001
            • 9169

            #50
            Originally posted by MantisMag
            i agree. the question is why did he get out easy if the riaa is in the right? my suggestion is that they didn't really have much of a case against him.

            www.ShartleyCustoms.com
            Custom Paintball Products and Accessories
            CLICK HERE to Check out our PDU SERIES GEAR!


            its more like a paper cut that has primadonna's yelling murder... - Glickman

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            • cphilip
              Former Moderator

              • Jun 2026
              • 16216

              #51
              Ok so I will be the condescending moron and close this up. But realy it was a good debate except for the name calling. I think both sides made some good points. However I not sending the kid any money...

              Closed cause it was turing ugly.


              AGD, where we are so good we can do it with only ONE tube!

              cphilip.com

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