LimeWire has agreed to pay record labels $105 million to settle a lawsuit alleging that the file-sharing service allowed its users to infringe copyright, the Recording Industry Association of America (RIAA) announced late Thursday.
Thirteen record labels, in a lawsuit filed in August 2006, alleged that LimeWire was "devoted essentially to the Internet piracy" of music. Judge Kimba Wood of the U.S. District Court for the Southern District of New York ordered LimeWire to stop distributing its peer-to-peer software in October of last year.
The out-of-court settlement came after a jury trial that focused on damages to be paid by LimeWire and CEO Mark Gorton began in New York last week.
More: http://www.computerworld.com/s/article/9216679/
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Thirteen record labels, in a lawsuit filed in August 2006, alleged that LimeWire was "devoted essentially to the Internet piracy" of music. Judge Kimba Wood of the U.S. District Court for the Southern District of New York ordered LimeWire to stop distributing its peer-to-peer software in October of last year.
The out-of-court settlement came after a jury trial that focused on damages to be paid by LimeWire and CEO Mark Gorton began in New York last week.
More: http://www.computerworld.com/s/article/9216679/
