Lime Wire founder ordered to pay record labels

By Bizclik Editor


A few years ago, the term Lime Wire was all the rage. Our generation went to the Internet site to illegally download music and movies as a way to stick it to the man – or rather because us kids in college couldn’t afford to buy music and going to the world wide web just seemed cooler. Lime Wire founder Mark Gorton and his file-sharing web company have agreed to pay the four largest music labels $105 million to compensate for all us stealing billions of songs over the last 10 years.

"We are pleased to have reached a large monetary settlement following the court's finding that both Lime Wire and its founder Mark Gorton personally liable for copyright infringement," said Mitch Bainwol, chairman of the Recording Industry Association of America (RIAA). "As the court heard during the last two weeks, Lime Wire wreaked enormous damage on the music community, helping contribute to thousands of lost jobs and fewer opportunities for aspiring artists.”

See top stories in the WDM Content Network:

Lime Wire was the last for-profit company still operating an illegal file-sharing service in the U.S. even though music pirating still continues to this day with other internet companies. A U.S. District Judge found Lime Wire and Gorton personally liable for copyright infringement and ordered the company to stop its operations. If the jury found Gorton to pay the maximum damages penalty under the law, he could be required to pay upward of $1.4 billion.



Featured Articles

Sustainability, ESG, net zero in focus at must-attend event

Sustainability takes centre stage at two-day hybrid conference featuring thought leaders covering circular economy, scope 3, ESG, B Corp, net zero, DE&I

Must-attend sustainability events for executives in 2022/23

Discuss and debate the most pressing issues around sustainability at these nine executive events – from London to Abu Dhabi, San Diego to Singapore

Meet the CEO on a mission to nurture women leaders in Africa

The argument for women leaders in Africa is compelling, yet numbers are small. But one female leader is on a mission to change that – Awamary Lowe-Khan

BCG's Daniel Weise on supply chain and procurement strategy

Leadership & Strategy

Flexible work perks heat up as the war on talent rages

Human Capital

Meet the COO: Former Israel Defense Force cyber lead Parnes

Technology & AI