Thursday May 12, 2011

Record Labels, LimeWire, Hold Settlement Talks

Wouldn't it be great if these settlement talks involved all the companies involved disbanding, never to be heard from again? What? I can dream can't I?

Lawyers for several major record labels have held at least three settlement conferences with representatives of a file-sharing service that they sued for copyright infringement, according to a federal court docket entry, indicating that the two sides may reach an agreement on a financial penalty instead of waiting for a jury award.

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