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Kazaa Agrees to Pay $100m to the Record Industry

Posted by ryuzaki0 on from the pay-up dept.

siddesu writes "BBC has the following breaking story: File-sharing site Kazaa will become a legal music download service following a series of high-profile legal battles. The peer-to-peer network has also agreed to pay $100m (£53m) in damages to the record industry. The announcement follows the release of a music industry report that says more than 20 billion music tracks have been downloaded illegally in the last year. Hungry artists across the globe rejoice."

5 of 288 comments (clear)

  1. Next in line to pay up by MECC · · Score: 3, Funny

    Now lets see how much they'll pay to all the people whose PCs have been crippled by all the malware kazaa dumps on their computers.

    FTFA: We have won another battle in an ongoing war," said John Kennedy, chairman and CEO of the International Federation of the Phonographic Industries (IFPI). "We move forward with a spring in our step."

    All they have to do now is get all those undead offenders to pay up.

    --
    "We are all geniuses when we dream"
    - E.M. Cioran
  2. Just watch MTV Cribs by Artie_Effim · · Score: 0, Funny

    Gee - I used to DL music, but after watching MTV Cribs and seeing those poor starving musicians with their 8000sq/ft homes and pools and 5 cars, I started buying all my music, you know..for kids.

  3. Re:20 Billion Tracks? by LiquidCoooled · · Score: 2, Funny

    Yes, now bend over. - RIAA spokesperson.

    --
    liqbase :: faster than paper
  4. Behind the Times by Billosaur · · Score: 5, Funny
    "We have won another battle in an ongoing war," said John Kennedy, chairman and CEO of the International Federation of the Phonographic Industries (IFPI). "We move forward with a spring in our step."

    The International Federation of the Phonographic Industries? Ok guys, it's the 21st Century, so you may want to update the name a little. Although, I have to admit, the new USB turntable I installed on my multi-media PC is smokin'!

    I wonder if they ever get confused with the International Federation of the Pornographic Industries?

    --
    GetOuttaMySpace - The Anti-Social Network
  5. Re:Hungry artists... by Aim+Here · · Score: 2, Funny

    You insensitive CLOD! Didn't you hear what happened to Kid Rock?