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.