LimeWire settles filesharing legal battle for $105m

LimeWire settles out of court with 13 record companies that blame filesharing service for lost salesLimeWire has agreed to pay record companies $105m (£64m) to end a five-year legal battle over illegal filesharing.The out-of-court settlement with 13 record companies, including labels owned by the four major groups, comes days after the start of a trial to decide damages following a decision that the service was liable for "massive scale infringement" for helping users pirate digital music files...

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