File sharing site LimeWire has lost its court battle with The Recording Industry Association of America. Manhattan Federal Judge Kimba Wood agreed with the thirteen record companies that founder Mark Gorton and parent company Lime Wire LLC were liable for copyright violation.
The case dates back to August 2006 when the labels first sued LimeWire, the labels involved are Sony BMG, Virgin, Elektra, BMG Music, Arista, Atlantic, Capital, Motown, LaFace, Interscope, UMG, Priority, and Warner Brothers.
The ruling could devastate the New York Company behind LimeWire, as the RIAA were seeking up to $150,000 per copyright infringement. Please head over to wired.com for the full story. Do you think this could be the end of LimeWire?