Where Serious Musicians Surf since 1996. Serving music creators and the industry that supports them.

Main Menu
Home
Newsletter
Directory
Magazine Archive
Advertising
Follow Us On Twitter Like Us On Facebook

Sponsor

Sponsor

Sponsor

Sponsor

Sponsored Links

Sponsor

Sponsor

Sponsor

  
Home > Magazine > Article Archive > News

News: LimeWire, Labels Settle Lawsuit for $105 Million
Posted on Thursday, May 12, 2011 @ 17:36:00 UTC
Topic: Industry News

As had been rumored, multiple record labels on Thursday settled their copyright lawsuit against Lime Wire LLC and its founder, Mark Gorton, out of court for $105 million, according to a statement from the RIAA. "We are pleased to have reached a large monetary settlement following the court's finding that both LimeWire and its founder Mark Gorton personally liable for copyright infringement," RIAA Chairman and CEO Mitch Bainwol said in the statement. "As the court heard during the last two weeks, LimeWire wreaked enormous damage on the music community, helping contribute to thousands of lost jobs and fewer opportunities for aspiring artists." Complete Article





fg




 
Sponsor

Sponsor

Sponsor

Options

 Printer Friendly Page Printer Friendly Page

 Send this Story to a Friend Send this Story to a Friend


Sponsor

Sponsor

Sponsor

Sponsor

Sponsor









Home

Magazine Archive

Directory


Copyright Indie-Music.com

 

About Indie-Music.com: Where Serious Musicians Surf since 1996. Serving music creators and the industry that supports them.

Notice: This is a mandatory FTC full disclosure notice. This website reviews music from artists who may have paid for the service. We may also receive commission from sales of products advertised, featured, linked, or written about on this site. Although not typical of Indie-Music.com, this site may include paid editorials or endorsements.