RIAA Announces Grokster Settlement
November 7, 2005 at 11:28 AM (PT)
The GROKSTER P2P network has agreed to settle its three-year-old legal case with the RIAA, MPAA, and NMPA (Nat'l Music Publishers' Association). A consent judgment will be submitted to the court today for its approval.
The settlement, which comes 4 months after the Supreme Court’s ruling in MGM vs. GROKSTER, includes a permanent injunction prohibiting infringement "directly or indirectly" of any of the plaintiffs’ copyrighted works. This includes ceasing immediately distribution of the GROKSTER client application and ceasing to operate the GROKSTER system and software.
"This settlement brings to a close an incredibly significant chapter in the story of digital music," said RIAA Chairman and CEO MITCH BAINWOL. "This is a chapter that ends on a high note for the recording industry, the tech community and music fans and consumers everywhere. At the end of the day, this is about our ability to invest in new music. An online marketplace populated by legitimate services allows us to do just that."