Thu 27 Jul 2006
The music and movie industries have reached a legal settlement with their longtime antagonist Kazaa, one of the world’s best known file-sharing networks and a once-popular source of illicit downloads. Under the terms of the deal, Kazaa’s owner Sharman Networks will pay the world’s four major music companies — Universal Music, Sony BMG, EMI and Warner Music — more than $100 million and commit to going legitimate, according to the International Federation of the Phonographic Industry. “There are very substantial damages being paid — in excess of $100 million — and Kazaa will go legal immediately . . .”
This settelment raises two questions right away:
- What do they mean by going legitimate?
- Does installing spyware on peoples computers really pay that much?
