Who is the owner of limewire

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Delivery to your home or office Monday to Saturday FT Weekend paper — a stimulating blend of news and lifestyle features ePaper access — the digital replica of the printed newspaper.

Team or Enterprise Premium FT. Pay based on use. Does my organisation subscribe? Group Subscription. Premium Digital access, plus: Convenient access for groups of users Integration with third party platforms and CRM systems Usage based pricing and volume discounts for multiple users Subscription management tools and usage reporting SAML-based single sign-on SSO Dedicated account and customer success teams.

Most of the major P2P networks either closed down or went legit after , when the U. Supreme Court ruled against Grokster in a landmark copyright decision. Only Lime Wire and Gorton continued to operate as if the decision didn't apply to them.

That's a lot of money for sure, but at this point only Gorton knows whether the amount represents a heavy burden. During his damages hearing last week, RIAA lawyers suggested his net worth was larger than that.

In addition to Lime Wire, Gorton operates a hedge fund and a medical-software company. In the court's gallery were executives for some of the major labels including Thomas Hesse, president of Sony Music Entertainment Edgar Bronfman Jr. Gorton's lawyers indicated he will soon testify about the money he began putting away into family trusts following the Grokster decision. Gorton is expected to testify that he was only interested in managing his estate. Be respectful, keep it civil and stay on topic.

We delete comments that violate our policy , which we encourage you to read. Discussion threads can be closed at any time at our discretion. Lime Wire founder on copyright law: 'I was wrong' Mark Gorton, founder of file-sharing service LimeWire, acknowledges in court that he knew of mass copyright infringement going on with users and that he refused to stop it.

Greg Sandoval. May 9, p. Lime Wire founder Mark Gorton took the stand in U.