Taiwan online music file-sharing network Kuro has agreed to shut down its file swapping service and pay undisclosed damages to settle a recording industry lawsuit, the industry group behind the conflict said.
The settlement comes a year after a separate case produced a landmark criminal conviction against executives at Kuro’s operators, Fashionow, the International Federation of the Phonographic Industry, which filed the civil action, said in a statement released late on Thursday.
Under settlement of the civil case, Fashionow would stop distributing its peer-to-peer (P2P) swapping software immediately and will ensure closure of the copyright-infringing service by Oct. 15, the federation said.
The Web site will instead operate a legitimate portal for music downloads and would sever all links with the old services, the federation said.
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