LimeWire, the defunct file sharing service, on Thursday agreed to a $105 million settlement with recording companies over infringement of music copyrights.
The company, which was ordered to shut down in October, was in the midst of a trial to determine damages after Southern District Judge Kimba Wood last May granted 13 recording labels summary judgment against LimeWire and founder Mark Gorton. The plaintiffs included the Recording Industry Association of America and several record labels led by Sony Corporation’s Arista Records.
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