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Edition: U.S. Article Comments (2) Email Print Reprints Read Bin Laden blames French policy for abductions -TV 8:07am EDT Apple delays white iPhone until next spring 26 Oct 2010 Special Report: Sleepy in Seattle - Microsoft learns to mature 10:13am EDT Fed looks set for new round of monetary easing 8:19am EDT Special report: Faked in China: Inside the pirates' web 26 Oct 2010 Discussed 83 Republicans poised to win House and gain in Senate 64 Special Report: The haves, the have-nots and the dreamless dead 56 Special report: Conservative donors let Christine O’Donnell sink Watched Russian spy poses for Maxim Tue, Oct 19 2010 Mexico's 20-yr old police chief Thu, Oct 21 2010 Indonesia volcano ash blankets towns 1:31am EDT Report Title Price ValuEngine Industry Report for HOME FURNISHINGS Provider: ValuEngine, Inc. $49.0 Buy Plunkett's Retail Industry Almanac 2010 Provider: Plunkett Research, Ltd. $299.0 Buy Plunkett's Retail Industry Trends & Statistics 2010 (Summary) Provider: Plunkett Research, Ltd. $149.0 Buy Entertainment & Media Industry Market Research and Competitive Analysis 2010 Provider: Plunkett Research, Ltd. $299.0 Buy Entertainment & Media Industry Trends, Statistics & Analysis 2010 (Summary) Provider: Plunkett Research, Ltd. $149.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Court shuts down LimeWire music-sharing service Tweet This Share on LinkedIn Share on Facebook By Yinka Adegoke and Jonathan Stempel NEW YORK (Reuters) - A U.S. federal judge on Tuesday granted the music industry's request to shut down the popular LimeWire file-sharing service, which had been found liable for copyright infringement. The... Related News UPDATE 3-US court shuts down LimeWire music-sharing service Tue, Oct 26 2010 UPDATE 1-Citi banker can't remember key calls in EMI case Tue, Oct 26 2010 UPDATE 1-Citi banker can't remember key calls in EMI case Tue, Oct 26 2010 UPDATE 1-Citi banker in trial over EMI says truthful to Hands Mon, Oct 25 2010 Citigroup banker in EMI dispute: I was truthful Mon, Oct 25 2010 Related Topics U.S. » Technology » Music » Media » Earnings » Stocks By Yinka Adegoke and Jonathan Stempel NEW YORK | Wed Oct 27, 2010 5:48am EDT NEW YORK (Reuters) - A U.S. federal judge on Tuesday granted the music industry's request to shut down the popular LimeWire file-sharing service, which had been found liable for copyright infringement. The ruling by Judge Kimba Wood in Manhattan federal court halts one of the world's biggest services for letting consumers share music, movies and TV shows for free over the Internet. Saying that LimeWire's parent Lime Wire LLC intentionally caused a "massive scale of infringement" involving thousands of works, Wood issued a permanent injunction that requires the company to disable its "searching, downloading, uploading, file trading and/or file distribution functionality." Record companies "have suffered -- and will continue to suffer -- irreparable harm from Lime Wire's inducement of widespread infringement of their works," Wood wrote. She called the potential damages "staggering," and probably "well beyond" the New York-based company's ability to pay. The signed ruling was made available by The Recording Industry Association of America, which represents music companies. It has said Lime Wire has cost its members hundreds of millions of dollars in revenue. A copy of the ruling was not immediately available on the public court docket. In a statement, Lime Wire expressed disappointment at the ruling. "While this is not our ideal path, we're working with the music industry to move forward," it said. Lime Wire said the injunction lets it continue testing a service that allows users to buy music from independent labels. The company said it hopes to negotiate agreements with the entire music industry ahead of a full launch. Founded in 2000 by Mark Gorton, Lime Wire has been a thorn in the side of record companies because millions of fans used it as an easy means to find and download music for free. U.S. recorded music sales have fallen in value to $7.7 billion in 2009 from $14.5 billion in 1999 according to the RIAA. The music industry blames online and physical piracy as the primary reasons for the decline. "MASSIVE PIRACY" ALLEGED Tuesday's injunction "will start to unwind the massive piracy machine that Lime Wire and Gorton used to enrich themselves immensely," the RIAA said in a statement. It said the court will consider damages at a January trial. The RIAA represents labels owned by Vivendi SA's Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI Group, owned by the Terra Firma private equity firm. LimeWire has said it has more than 50 million monthly users. These users accounted for 58 percent of people who said they downloaded music from a peer-to-peer service in 2009, a survey by NPD Group showed. As technology and broadband speeds have improved, LimeWire has also been used to illegally share movies and popular TV shows, attracting criticism from Hollywood as well. 1 2 Next U.S. Technology Music Media Earnings Comments See All Comments (2) | Post Comment Oct 27, 2010 10:55am EDT Good! I’m glad there’s one less device that the evil criminals of the world can use to transfer free music. It just makes me sick to think about all the money being ripped out of the hands of all those poor and starving musicians, producers and record companies. I think all of the people ever involved with Limewire should be doing hard prison time, I mean, can any of you imagine how much pain and suffering all of these Limewire people have caused. It’s worse than those Napster criminals. Criminals! drewpoff Report As Abusive Oct 27, 2010 10:57am EDT These guys have commited way more injustices in our world than any banker ever has! drewpoff Report As Abusive See All Comments (2) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. 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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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