News: downloading killing guitar playing - limewire found in breech of copyright

LOS ANGELES, Calif. - File-sharing software company LimeWire has lost a long-running court battle to the major recording companies.
A judge with the U.S. District Court in New York ruled this week that the company and its chairman, Mark Gorton, were liable for inducing copyright infringement.
The decision in the case, which began in 2006, doesn't mean the site will shut down right away. The record labels and LimeWire are to meet with Judge Kimba Wood on June 1 to determine the next steps, such as a possible deal to work together going forward and a potential award for damages.
Recording Industry Association of America Chairman Mitch Bainwol said in a statement Wednesday that the ruling was "an extraordinary victory" against one of the largest remaining file-sharing services in the United States.
The RIAA said more than 200 million copies of LimeWire's file-sharing software have been downloaded so far, including 340,000 in the last week alone. full details