Another File-Sharing Network Bites the Dust
Sharman Networks Ltd, the makers and distributors of the hugely popular file-sharing network Kazaa, have settled a lawsuit brought by the music and movie industries, agreeing to pay $115 million.
Most of the money will go to the music industry, and a smaller portion to the movie companies, according to the AP story. Kazaa will become a pay-to-download service along the lines of ITunes.
