Sharman pays - to the tune of $150m.

Australasian Business Intelligence,  July, 2006  

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Byline: John Davidson

Jul 30, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Australia-based Sharman Networks has negotiated a settlement with the music industry after a long-running legal battle. Sharman operates the Kazaa file-swapping network, and will offer legal, fee-based music downloads via a licensing deal with the major music companies. As part of the settlement, Sharman will pay damages totalling $US115m ($A150m) for infringement of the music companies' copyright. However, rival file-sharing networks have legitimised their business with mixed ...

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