And thus, the days of LimeWire are officially at an end.
This afternoon, the owners of LimeWire, the highly frequented free file sharing application that aided thousands of us to download music illegally, agreed to pay 13 record companies a hefty sum to end their long-standing lawsuit and trial.
The labels, which include Arista, Atlantic, BMG Music, Capitol, Elektra, Interscope, Laface, Motown, Priority, Sony BMG, UMG, Virgin and Warner Brothers, will be paid $105 million in copyright infringement damages.
That's a lot of money…but then again, does anyone else feel like they owe them all much more than that? In the grand scheme of things, we imagined that number being way higher based upon the sheer volume of music we assume is downloaded per day.
Tags: copyright infringement, illegal downloads, lawsuit, limewire