CBC Reports that Canadian torrent site isoHunt has settled with the Music Industry, agreeing to pay $66 Million in damages.
isoHunt founder Gary Fung and isoHunt have agreed in a consent order filed with the Supreme Court of B.C., that they infringed on the copyright of a group of 27 Canadian and international record companies.
They have also agreed to pay $55 million in damages, $10 million in aggravated damages and $1 million in legal costs to settle the lawsuit filed by the music industry in 2010.
The Music Industry commented:
"Music companies in Canada stand shoulder-to-shoulder in the fight against illegitimate sites that distribute massive volumes of creative works without compensation to creators," said Graham Henderson, president and CEO of Music Canada, an industry group that represents Sony Music Entertainment Canada, Universal Music Canada and Warner Music Canada, in a statement announcing the settlements.
"Thousands of Canadian creators, our creative industries, and their employees are directly harmed by these activities. This settlement is a step forward towards providing consumers with a marketplace in which legitimate online music services can thrive."
Fung's own statement can be found at medium.com
In my time with isoHunt for 11 years, I've fought 2 lawsuits. One from Hollywood studios in the US and one from CRIA (Canadian Recording Industry Ass.), aka. Music Canada. During this time, up to isoHunt's shutdown in 2013, I promised that I'd protect isoHunt users' rights and privacy in not disclosing any user data such as email and IP addresses in legal discovery from plaintiffs, which might be used for trolling and extortion.
(Score: -1, Flamebait) by Anonymous Coward on Wednesday July 27 2016, @09:17AM
Fifth option: start another fake halal certification scam for ads and then keep the money instead of funnelling it to islamic state
(Score: 1, Funny) by Anonymous Coward on Wednesday July 27 2016, @09:55AM
Sixth option: open up Trump University.
(Score: 0) by Anonymous Coward on Wednesday July 27 2016, @02:49PM
So. It has come to this.