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Grokster File-Sharing Service Shuts Down, Settles Copyright Litigation

Authored by Mark Hefflinger on November 7, 2005 - 2:57am.
Washington - The Associated Press reported on Monday that peer-to-peer file-sharing software provider Grokster has agreed to shut down and settle copyright infringement litigation brought by the movie and music industries. ''There are legal services for downloading music and movies,'' reads a note on the Grokser website. ''This service is not one of them.'' Grokster was a losing defendant in the landmark Supreme Court ruling earlier this year, which found that such providers of file-sharing software could be held liable for copyright infringement committed by users of the software. "This settlement brings to a close an incredibly significant chapter in the story of digital music," said Mitch Bainwol, CEO of the Recording Industry Association of America. "This is a chapter that ends on a high note for the recording industry, the tech community and music fans and consumers everywhere." The settlement between Nevis, West Indies-based Grokster and the record labels and movie studios suing it for copyright infringement calls for the company to cease distributing its software. In September, The Wall Street Journal reported that Grokster was in talks to be acquired by Mashboxx, a legal peer-to-peer file-sharing service being developed by former Grokster president Wayne Rosso.
http://www.grokster.com
http://www.nytimes.com/aponline/technology/AP-Downloading-Music.html (AP)
http://tinyurl.com/bu7g9 (CNET)
http://tinyurl.com/algsu (WSJ)
tags: Copyright | Grokster | Shuts Down | Litigation |



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