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Kazaa goes legal

In what the recording industry calls a win situation, four record labels have settled a lawsuit with popular P2P sharing network Kazaa. Under the settlement, Kazaa will pay more than $100 million to four to EMI, Sony BMG, Universal Music and Warner Music. Kazaa will also commit to going fully legitimate said the report.

According to the International Federation of Phonographic Industry, Kazaa has contributed to a significant amount of "damage" in the music industry. IFPI chairman and CEO John Kennedy said "these are very substantial damages being paid -- in excess of $100 million -- and Kazaa will go legal immediately. They've had time to prepare for this." Representatives for the MPAA also said that Kazaa will be implementing technology that will prevent users from transferring copyrighted material over the network.

The original developers of Kazaa, Niklas Zennstrom and Janus Friis sold Kazaa to Sharman Networks in 2002. Since then, Sharman had been dealing with the MPAA and the RIAA over the legality of Kazaa users transferring copyrighted material. Neither Zennstrom nor Friis was available for comment.

Zennstrom went on to create Skype after selling Kazaa to Sharman. Zennstrom ended up selling Skype to eBay for roughly $2.6 billion in both cash and stock.

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RE: Err..
By masher2 on 7/28/2006 10:04:25 AM , Rating: 2
> "I'm 99.9999999999% sure that the post you were referring to was meant as sarcastic humor. ;)"

I was nearly as sure it wasn' I'll guess we'll just have to let the original poster clarify :)

RE: Err..
By rushfan2006 on 7/28/2006 10:43:41 AM , Rating: 3
I was nearly as sure it wasn' I'll guess we'll just have to let the original poster clarify :)

Well in case (s)he comes back and say (s)he was serious and I don't get to post back in time.....then I agree with you 100% - it is stealing.

For the sake of that poster's own image of looking like a screwball -- I hope they were kidding. I mean a 5 year old knows that's stealing for crying out loud.

(Isn't it interesting how so many arguments come up to change the definition of theft or "stealing"; both terms I find very clear and easy to understand the defintions of...but getting something for nothing so often I guess becomes a kind of addiction, and addictions cause people to not think rationally).

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