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Grokster says Fare Well to File Sharing
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File-sharing service Grokster Ltd. has agreed to stop distributing software that allows users to copy songs over the Internet after losing its case before the U.S. Supreme Court, a recording industry trade group said on Monday.
The settlement with the Recording Industry Association of America follows the high court's unanimous ruling in June that Grokster and other "peer to peer" networks can be held liable if they induce users into violating copyright laws.
http://today.reuters.com/news/newsArticle.aspx?type=internetNews&storyID=2005-11-07T230921Z_01_KNE770327_RTRUKOC_0_US-MEDIA-GROKSTER.xml&archived=False
http://quote.bloomberg.com/apps/news?pid=10000006&sid=a6QKNW1THxtg&refer=home
The settlement with the Recording Industry Association of America follows the high court's unanimous ruling in June that Grokster and other "peer to peer" networks can be held liable if they induce users into violating copyright laws.
http://today.reuters.com/news/newsArticle.aspx?type=internetNews&storyID=2005-11-07T230921Z_01_KNE770327_RTRUKOC_0_US-MEDIA-GROKSTER.xml&archived=False
http://quote.bloomberg.com/apps/news?pid=10000006&sid=a6QKNW1THxtg&refer=home
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