See the link below for a detailed summary
Last spring, music file-sharing service LimeWire suffered a crushing blow in federal court. This is the net result: The company is shutting down its core software–though it insists it’s not doing that exactly. It’s the victory the big music labels have been seeking for some time.
LimeWire Shuts Down P2P Filesharing Client | Peter Kafka | MediaMemo | AllThingsD
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