| Kazaa Caves to RIAA |
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C|Net: Once a bane of the recording industry for its popularity as a place to get music without paying for it, Kazaa now will begin using filtering technology to prevent its users from distributing files that infringe on copyrights. Its parent company, Sharman Networks, will pay more than $100 million to global record labels EMI Group, Sony BMG Music Entertainment, Universal Music and Warner Music. The out-of-court settlement puts an end to the legal proceedings brought by the record companies against Kazaa in Australia and the U.S., according to a deal announced Thursday by the Recording Industry Association of America and the International Federation for the Phonographic Industry. "This is a victory for anyone in a creative industry that has had their works stolen and distributed through an illegitimate P2P network," said David Munns, vice chairman at EMI. Add this page to your favorite Social Bookmarking websites          Add your comment
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