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An article from BNO News has recently reported that LimeWire has been shut down by a U.S. court on claims that the site was used for infringement. LimeWire is notorious for allowing its users to download music without paying for the file, which begs the question, is this legal? The Recording Industry Association of American, which represents several important record labels such as Sony, EMI, Universal, and Warner filed a lawsuit against LimeWire in 2006 stating that the company was allowing downloading of illegal music, violating the terms of the music's copyright. Since these record labels own the copyrights to the majority of the music that was being distributed, they were losing money and business because they were not getting paid for the use of their music. Lime Group, the company that owns LimeWire, continues to function otherwise, it is just this subsidiary that has been ceased to conduct business. Although the future seems bleak for LimeWire, its CEO remains optimistic.

On October 27, 2010 a very popular music sharing application called Limewire was shut down due to copyright infringement. BNO news reported the story to wireupdate.com and the a few record labels like SOny, EMI, Universal and Warner filed a lawsuit against Limewire in 2006 so this is nothing new for the file sharing company. The Lime Group CEO and owner of Limewire George Searle said "challenging time, we are excited about the future." So he seems to have a good outlook on the future eeven though his company is going through this touch time.

LimeWire, the popular music downloading site, has been shut down. A judge determined that the "downloading or sharing copyrighted content without authorization is illegal." LimeWire will negotiate with the major music companies about licensing deals to offer the legal sale of music. The company is now liable for damages because of their violations of the copyright laws. Issued: October 27, 2010