Dylan Smith, Digital Music News; UMG, BMG, and Concord Name Altice USA In $1 Billion+ Copyright Suit, Claim the ISP ‘Deliberately Turned a Blind Eye to Its Subscribers’ Infringement’
"Estimating based upon the maximum $150,000 in statutory damages for each of the allegedly infringed compositions and recordings as well as a staggering 176 pages’ worth of purportedly infringed works, UMG, Concord, and BMG are seeking over $1 billion from the Optimum owner."
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