Kazaa going legit
Kazaa will pay up $100 million to studios to settle their on going legal battle. This really is a historical moment in digital history. We are now seeing even the top p2p companies falling in line with pay services.
You can read more at news.com…
The music industry has reached a legal settlement with veteran antagonist Kazaa, one of the world’s best known file-sharing networks and a longtime source of illicit music and movie downloads.Under the terms of the deal, Kazaa owner Sharman Networks will pay the world’s four major music companies–Universal Music, Sony BMG Music Entertainment, EMI Group and Warner Music–more than $100 million and commit to immediately going legal, the international recording industry organization IFPI said.
Kazaa settles suits with more than $100 million | CNET News.com
technorati tags:kazaa, p2p, music industry, Sharman Networks
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