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October 28th, 2010 | Author: Daniel
It seems that after a long four-year legal battle with the United States music industry, LimeWire one of the world’s most popular file sharing websites has been shut down. New York federal court issues a permanent injunction against LimeWire, Stating that the website caused a massive scale of infringement, by permitting people to share thousands of copyrighted works, by its massive 50 million monthly users. LimeWire is now restricted from allowing searching and the sharing of copyrighted material. Due to LimeWire being a massive sharing site music sales fell to $7.7bn in 2009 from a staggering $14.5bn in 1999.
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