RIAA Offers 'Deal' to College File-Sharers
RENEE MONTAGNE, host:
Our business news starts with a deal college students should not refuse. A recording industry suit has threatened college students hundreds of thousands of dollars for illegally sharing music on the Internet. But the group says it's willing to download a smaller chunk of the violators' wallets.
The Recording Industry Association of America told one student at Ohio University that she was liable for nearly $600,000 in fines for distributing copyrighted songs on the Web. In many cases, the RIAA is offering to drop its lawsuit for as little as $3,000.
The association is sending letters to students at universities across the country, urging them to settle now or pay even more later. Currently the fine is $750 for each illegal song.
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