The company that produced P2P software Kazaa that helped millions of people download music illegally has agreed to pay more than $115 million to the entertainment industry to settle global piracy lawsuits according to the Associated Press.
In its heyday, Kazaa was one of the top P2P file sharing programs helping people download everything from music to movies for free.
Sharman Networks Ltd., who produced the program, must now pay $115M to the music industry and another smaller amount to the film industry for assisting in copyright infringement. After paying off the industries for past discretions, Kazza will be going legit like past P2P giant Napster and begin distributing files legally.
