Bearshare Settles with RIAA for $30M and Shuts Down
Under the proposed judgment, which still must be approved by the court, the operators of once-popular Bearshare, Free Peers, has entered into a $30 million settlement with the RIAA to settle copyright violation charges against and down. BearShare’s assets, including the domain name and list of BearShare users, were sold to iMesh.
- iMesh Raises BearShare from the Dead and Takes it ‘Legit’ (August 23, 2006)
- Bearshare Settles with RIAA for $30 M and Shuts Down (May 9, 2006)
- Music Industry Releases New Wave of Lawsuits (April 4, 2006)