Limewire Settles Out Of Court With Four Major Labels For $105 Million

    Media downloading platform Limewire has settled out of court with the four major music labels for a reported $105 million, according to RIAA reports. The settlement follows a similar $115 million dollar settlement against Kazaa in 2006.

    The damages, including personal liability money from Limewire founder Mark Gorton, is for damages against stolen media from the labels.

    RIAA chairman Mitch Bainwol released the following statement: “We are pleased to have reached a large monetary settlement following the court’s finding that both Limewire and its founder Mark Gorton are personally liable for copyright infringement,” Bainwol said. “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.”

    Limwire has said to be planning a relaunch, despite being found guilty of copyright infringement last year.

    16 thoughts on “Limewire Settles Out Of Court With Four Major Labels For $105 Million

    1. Poor Limewire lol…they get in shit but others dont…shit im downloading movies left and right from Torrents…perfect quality too…Movies in theaters and old movies…and they dont get shit..not that i want them too lol…but music i can understand…i dont download music unless its something i CANNOT find in stores…or its soemthing old as shit…

      1. you dumb ass! you shouldnt say shit like this then yo shit will disappear ass well ass mines asshole!

    2. Fuck these corporate bitches, if it wasn’t for the internet, most of us would be damned to listening to the radio or these useless charts or snippets of songs cah albums be too expensive, singles for £1? I got over a million for free, fuck paying for that shit

    3. As tech n9ne says (FTI)” FUCK THE INDUSTRY ” Its bullshit that that guy even said limewire wrecked the music industry and caused fewer opportunities for newer artists. That is straight bullshit, the record labels fuck over the artist by making the artist what THEY want, not what the artist wants to be. Most of the profit for record sells goes to the label and barely any to the artist. The artist make money from merch and concerts and yes record sales even though the dont get what they deserve. Im pretty sure if people really like the artist and want to support them, they will buy the cd. If they want a few songs from an OK artist then, they will download them.. FUCK THE INDUSTRY, WE WILL BE ABLE TO GET MUSIC FOR FREE ONE WAY OR ANOTHER!!!

    4. THE LABELS HAVE ALREADY LOST THE BATTLE. ITS CLEAR TO EVERYONE INCLUDING THEM. THEY ARE TRYING TO HOLD ON FOR DEAR LIFE AND THEY ARE AT THE END OF THEIR HOSPITAL TENURE. ULTIMATELY THIS LAWSUIT ISN’T GOING TO DO SHIT, AND $115 MIL WILL PROP THEM UP FOR ANOTHER FEW MONTHS.

      POOR GUYS…NOT. HOPEFULLY THE ARTISTS CAN DO THEIR OWN THING NOW– OWN THEIR LABELS, MASTERS, ETC. ARTISTS HAVE ALREADY REALIZED THAT THE ALBUM IS ONLY IN SUPPORT OF THE TOUR, WITH ONLY A FEW ARTISTS SELLING WELL. BUT THE FANS WILL ALWAYS SELL OUT THEIR SHOWS IF THEY ARE GOOD ENOUGH

    5. Ever since they took my limewire away i just go to mediafire. Works just as good! Thanks for letting me do my part to screw over these rich fucks!

    6. $105 Milli eh? And how much of that is going to the actual artists?

      ZERO

      Who’s the real crook?

    7. I wonder if this settlement affects the 2 Live Crew, Pretty Ricky, Ying Yang Twins and the fifteen other plaintiffs’ lawsuit.

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