Saturday, May 14, 2011

LimeWire settles filesharing legal battle for $105m; Guardian, 5/13/11

Josh Halliday, Guardian; LimeWire settles filesharing legal battle for $105m:

"LimeWire has agreed to pay record companies $105m (£64m) to end a five-year legal battle over illegal filesharing.

The out-of-court settlement with 13 record companies, including labels owned by the four major groups, comes days after the start of a trial to decide damages following a decision that the service was liable for "massive scale infringement" for helping users pirate digital music files.

LimeWire, which the music groups blame for $1bn in lost sales, was shut down in October following a court ruling."

No comments: