Hollywood vs P2P

Peer-to-peer (P2P) technology developers are legally responsible for the illegal acts of their users, the U.S. Supreme Court ruled today. The unanimous landmark ruling is a major victory for movie studios and music publishers seeking to curb the widespread theft of copyrighted material on the file-swapping networks. This is quite a significant ruling because it now means that the P2P companies now have to be legally responsible for any sort of illegal file sharing that happens when users use their technology – this is obviously going to increase their costs and my gut feeling is that many of the technology companies are going to go down the drain. For more info on this news, go here

Interesting developmets are ahead for the P2P companies – keep a watch on them.

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