LimeWire Settles Piracy Suit for $105 Million

Former file-sharing service LimeWire LLC and owner Mark Gorton have agreed to pay $105 million to a group of record labels, ending a court battle that began in 2006.

The Recording Industry Association of America (RIAA), which represented the record labels in the suit, said it was happy with how the case ended, with its chairman and chief executive, Mitch Bainwol, calling the victory a “reason for celebration by the entire music community, its fans and the legal services that play by the rules.”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.

On October 26, 2010, Federal Judge Kimba Wood ordered LimeWire to stop “the searching, downloading, uploading, file trading and/or file distribution functionality, and/or all functionality.” A jury had been assembled last week to determine the amount that LimeWire and Garton were liable to plaintiffs Arista Records, Warner Music Group Corp., Vivendi SA’s Universal Group, and EMI Group Ltd, which are the main players of the RIAA.