Record Labels Seek $2.5 Million in Damages From Pirate Bay

Gottfried Svartholm Warg, one of four founders of The Pirate Bay, said Monday that "record companies can go screw themselves" in response to a music-industry demand for $2.5 million in damages.

However, Svartholm Warg (pictured) claims that the $2.5 million figure, which the labels most likely reached by multiplying the number of times the albums were traded by their retail price, is too high. He said that when presented with the claim, he and Pirate Bay's three other developers "mostly laughed at it."