p2pnet.net News:- Hollywood has just announced it’ll receive a hefty payment from 321 Studios, a firm it crushed for developing software which enabled people to make back-ups of software, CDs and DVDs that had been legally purchased from various interests owned by or associated with the entertainment industry.
What makes this really sad is the industry will no doubt soon launch its own back-up software.
Anyway, the BBC is Britain’s premier broadcaster and said on its online site here:
“MPAA president and CEO Jack Valenti was pleased a settlement had been reached, after a drawn-out legal battle which started in 2002 with lawsuits filed on both sides.
“Mr Valenti said: ‘This isn’t the end of the story in our integrated worldwide fight against piracy and we will use the settlement money to educate consumers about the tremendous harm that illegal copying inflicts on one of America’s greatest products – motion pictures’.”
MPAA president, eh?
We thought that was now Dan Glickman’s job.
Did the Beeb boob or is it that Jack just can’t keep his hands off?