Case Closed: LimeWire Settles With Labels For $105 Million

And now the long-running LimeWire saga is really over: The file-sharing site, forced to shut down by a Federal court order last fall, has agreed to pay the big music labels $105 million to settle a copyright case. The two sides had spent the past couple weeks in a New York courtroom, where a jury was set to decide damages; LimeWire agreed to a separate settlement with music publishers in March.