KaZaA Resumes Downloads, Company Sold?

Robert Johnson writes "According to an article on Dotcom Scoop, popular file-sharing service KaZaA may have been sold over the weekend. "As of last week the company was based in the Netherlands. However, upon close examination of its new terms of use license, the company now says, "This License as well as all disputes arising out of or in connection with this Agreement shall be governed by the laws of the New South Wales, without regard to or application of choice of law rules or principles. Any dispute arising out of or in connection with this License, or in future agreements resulting there from, shall be exclusively resolved before the competent court in New South Wales," the article states. New South Wales is an Australian state." Update Apparently the website reverted to the former content which might raise a few eyebrows. Update: 01/21 18:17 GMT by T : DotcomScoop writes: "KaZaA isssued a statement regarding its sale after our story was published." Here is the statement and a little more info.

Comments

This isn't good for KaZaa

[Pop n' Fresh]

If what we've seen over the past few months are any indication (broadband woes, ridiculous internet laws), Australia's laws won't be too kind to file-sharing. Not that it will matter to P2P users, they can just move on to the newest P2P startup that hasn't been gobbled up yet.

Napster Mark II

[parliboy]

From the new terms:

6 Payment and fees

6.1 Certain features of the KaZaA Media Desktop may require payment in the future including a prepaid fee ("Prepaid Fee").

The Prepaid Fee, and all taxes and other fees related thereto will be paid by you in advance.

Guess someone in the RIAA managed to make a new acquisition, as per the leaked memo.

Okay, new game. Who wants to make acronyms for KAZAA that indicate how f*cked they are?