The operators of LimeWire will pay record companies $105 million, ending a five-year federal trial over copyright infringement damages owed by the now defunct file-sharing service.
According to The Associated Press, the settlement will be with 13 record companies, which include labels owned by Sony Corp, Vivendi SA, Warner Music Group Corp and Citigroup Inc’s EMI Group.
“Lime Wire and its founder, Mark Gorton, are pleased that this case has concluded,” according to their law firm Willkie, Farr & Gallagher, which announced the settlement.
U.S. District Judge Kimba Wood in Manhattan, who shut down the online service in October, had ruled last May that LimeWire’s parents, Lime Group and Lime Wire LLC, wrongfully assisted users in pirating digital recordings.
Founded in 2000, LimeWire offered free music to millions of fans online, which caused companies suing for copyright infringement.
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