Music industry sues P2P firm LimeWire

After months of issuing warnings, the music industry finally made good on its threat to file suit against peer-to-peer software company LimeWire.

A group of music companies, including Sony BMG, Virgin Records and Warner Bros. Records, have accused LimeWire and the company’s officers of copyright infringement, according to a federal lawsuit filed Friday in U.S. District Court in New York. LimeWire produces software that’s often used to create copies of music recordings and then distribute them over the Web.

The recording industry is asking for compensatory and punitive damages, such as $150,000 for every song distributed without permission.

LimeWire is “devoted essentially to the Internet piracy of plaintiffs’ sound recordings,” the record companies charge in their suit. “The scope of infringement caused by defendants is staggering.”

The recording industry continues to pressure file-sharing companies that refuse to do one of two things: either adopt a business model that compensates record companies, or shut down.

Full story: News.com