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MPAA Settles Copyright Suit With Defunct DVD Copying Firm 321 Studios

Authored by Mark Hefflinger on August 10, 2004 - 3:16am.
Washington -- The Motion Picture Association of America (MPAA) announced on Tuesday that it has settled a copyright infringement suit that member studios brought against 321 Studios, the developer of DVD-copying software that recently announced its intention to close its doors. The settlement, terms of which were not disclosed, follows two federal court injunctions against the sale of St. Louis-based 321's DVD X Copy software, as well as a ruling last week lodged against the company's similar product that can copy video game discs. That ruling was accompanied by the 321's announcement it would shut down. "321 Studios built its business on the flawed premise that it could profit from violating the motion picture studios' copyrights; the courts have been amply clear -- there is no leniency for violating Federal copyright laws," said MPAA CEO Jack Valenti.
tags: DVD | MPAA | Copyright | Studios | Defunct |

Beastie Boys' Defunct Grand Royal Label to Auction Assets Online

Authored by Mark Hefflinger on January 13, 2004 - 3:37am.
Silver Spring, Md. -- Grand Royal, the record label founded by hip-hop group the Beastie Boys in 1993 and shut down amid mounting debt in August 2001, is holding an online auction for its various assets through Bid4Assets.com. During its tenure, the label released albums from groups including Luscious Jackson, At the Drive-In, Buffalo Daughter and Atari Teenage Riot. Assets that will be sold at auction include master recordings, licensing agreements and miscellaneous merchandising agreements. Bid4Assets said the minimum bid for the items is $10,000 and the auction will continue through January 22.
tags: Internet | Beastie Boys | Defunct | Grand Royal |