Kazaa Settles File-Sharing Suits for $100 Million

The music and movie industries have reached a legal settlement with their longtime antagonist Kazaa, one of the world's best known file-sharing networks and a once-popular source of illicit downloads. Under the terms of the deal, Kazaa's owner Sharman Networks will pay the world's four major music companies -- Universal Music, Sony BMG, EMI and Warner Music -- more than $100 million and commit to going legitimate, according to the International Federation of the Phonographic Industry.

  • Read the article: The Washington Post

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