Hollywood wins $111 mil against TorrentSpy.com

by cynthia yoo | May 7, 2008 at 07:54 pm | 130 views | add comment

The climate has indeed become quite chilly for peer-to-peer sites in the US.

The six major Hollywood studios have won a $111 million judgment for copyright infringement against the shut-down file-sharing Web site TorrentSpy.com.
The judgment, filed Monday in U.S. District Court in Los Angeles, fined the operators of the Web site, Valence Media LLC, $30,000 per violation for nearly 3,700 illegal movie and TV show downloads.

The site shut down in March, saying the legal climate was too hostile to continue.

Its lawyers filed a document in court Monday saying Valence had sought bankruptcy protection in a United Kingdom court and requesting that the judgment be stayed.