According to a report filed by The Wall Street Journal, peer-to-peer networking site LimeWire and several major record labels may be working on an out-of-court settlement in a copyright infringement case from 2006. “Lawyers for several major record labels have held at least three settlement conferences with representatives of a file-sharing service that they sued for copyright infringement, according to a federal court docket entry, indicating that the two sides may reach an agreement on a financial penalty instead of waiting for a jury award,” reads the report. LimeWire was found guilty of allowing users to upload and share unlicensed, copyrighted materials over its network. Arista Records, Warner Music Group, Universal Music Group, and EMI Group are all named plaintiffs — LimeWire and its founder, Mark Gorton, are named as defendants. Representatives from the two camps did not respond to the WSJ’s request for comment. More →
A new report Thursday suggests that legendary piracy pioneer LimeWire may soon call it quits. LimeWire was hardly the first network of its kind, but along with services like Kazaa, LimeWire played a major role in bringing file-sharing to the masses. This past October, LimeWire was forced to shutter its file-sharing service following a court order. Now, the company’s recent attempts to jump from seedy to sanctioned appear to be for naught. According to an alleged email to vendors obtained by All Things Digital, LimeWire will soon cease its attempts to run a legitimate online music store. The site also stopped accepting payments for its current offering according to a note on its homepage. LimeWire has supposedly been working on a new legal music service for the better part of 2010, but those plans are nixed as well. From the look of things, LimeWire will be no more as of January 1st, 2011. Hit the break for a copy of the company’s email to its partners. More →
It truly is the end of an era. AllThingsD is reporting that P2P file sharing service Limewire will shutdown “searching, downloading, uploading, file trading and/or file distribution functionality” as the result of a court ruling last year that favored the recording industry. A Limewire spokesperson had this to say:
While this is not our ideal path, we hope to work with the music industry in moving forward. We look forward to embracing necessary changes and collaborating with the entire music industry in the future.
If you have a drink in your hand, pour a little out for your homeboy Limewire… and go find yourself a good BitTorrent client. More →