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The battle between illegal download services and music industry has turned a corner with the latest ruling from the US.
Major record labels including heavyweights like 20th Century Fox, Sony and Universal announced Thursday that they have reached an out-of-court $105 million settlement with the "notorious peer-to-peer service" LimeWire and its CEO Mark Gorton.
The settlement follows a decision by federal district court Judge Kimba Wood last year to shut down LimeWire after finding both the service and Gorton personally liable for inducing copyright infringement.
The case against the free file sharing music download service was filed by Recording Industry Association of America in 2006, accusing LiveWire, set up in 2000, of running a piracy service and thus damaging the foundations of the music industry, artists and copyright law.
And what's interesting is that Gorton, a former Wall Street trader, as the founder of the music service, was also held liable.
The record industry were looking for a far higher sum than the $103m it got - $1.4 billion to be precise.
Gorton's company denied it had dehabilitated the music industry and say file sharing is just one part of a much larger problem.
"The record companies know and have known that their problems started well before LimeWire," Joseph Baio, LimeWire's lawyer.