Kazaa settles, and is $115 million poorer
The company behind Kazaa has signed on the dotted line and will pay $115 million to music companies and some movie studios to finally settle the epic battle between it and the RIAA:
I'm not sure how much this will help Kazaa in Australia. Kazaa's assets in Australia were frozen after the Federal Court ruled against it last September.
As part of the settlement Kazaa has agreed to use "all reasonable means" to discourage online piracy, including building into its software a "robust and secure" way to prevent computer users from finding and downloading copyrighted music and movies. Get ready for the arguments about what is "reasonable".