InvestorsHub Logo
Followers 0
Posts 337
Boards Moderated 0
Alias Born 11/11/2002

Re: None

Friday, 04/25/2003 3:07:19 PM

Friday, April 25, 2003 3:07:19 PM

Post# of 93817
Court Rejects Suit Against Web Song-Swappers
Friday April 25, 2:44 pm ET

WASHINGTON (Reuters) - A federal court in Los Angeles rejected the recording industry's case against online song-swapping services Grokster and Morpheus on Friday, Grokster President Wayne Rosso said.

"The case filed against us by the RIAA and the MPAA has been thrown out of court," said Rosso, referring to the trade groups for the recording and motion-picture industries that had asked the court to shut down the two services.

The two services allow users to trade songs, movies and other material freely over the Internet. The Recording Industry Association of America has aggressively sought to knock such services offline, saying they have contributed to a global slowdown in CD sales.


http://www.investorshub.com/boards/read_msg.asp?message_id=951459

_________________________________________________________________

"I disagree with everything you say. But I will defend to the death your right to say it." --Voltaire

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.