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-0.000347523892267648 -8.68809730669428E-05 -0.000173761946133762 0.0010425716768027 0.000868809730668934 0.000695047784535172 0.0010425716768027 0.000173761946133762
Stock impact report

US Supreme Court Hears Major Online Music Piracy Case [Barron's]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: Barrons
Cox Communications, a major broadband ISP, is asking the court to throw out a jury verdict awarding $1 billion in damages to Sony Music Entertainment and other record labels. Advertisement - Scroll to Continue Cox was accused in the high-stakes 2019 case of failing to take action against customers accused of illegally downloading copyrighted music. Joshua Rosenkranz, an attorney representing Cox, warned of "cataclysmic" consequences if the court did not limit the company's copyright liability. The only way for an ISP to avoid liability is to "cut off the internet, not just for the accused infringer, but for anyone else who happens to use the same connection," Rosenkranz said. "That could be entire towns, universities or hospitals, turning internet providers into internet police," he said. Advertisement - Scroll to Continue A majority of the nine justices appeared sympathetic to the argument that many innocent subscribers could be punished for the actions of a few. At Show less Read more
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