13.05.2011 17:50 Uhr, Quelle: Engadget

LimeWire reaches $105 million settlement with record labels

It's been a long, slow demise for the once mighty file sharing service, but LimeWire has now taken one last big step towards being a footnote in internet history. The company reached an out of court settlement with the major record labels yesterday, which will see it and its founder, Mark Gorton, fork over $105 million to finally put an end to its longstanding dispute with the RIAA. In a statement, the RIAA said that the s

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