BearShare to Pay $30M to Avoid Piracy Claim
An AP newswire article by Alex Veiga, via ABC News, reports that:
The operators of the BearShare online file-sharing service have agreed to pay $30 million to avoid potential copyright infringement lawsuits from the recording industry, according to court documents filed Thursday.More here.
Free Peers Inc., which distributed the BearShare software, also agreed to close up shop and not operate any unlicensed online music services.
A federal judge must still give final approval to the terms of the settlement.
posted by Fergie @ 5/04/2006 06:38:00 PM
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