Canadian Music Industry Reaches $66M Settlement With Piracy Site isoHunt


Canadian Music Industry Reaches $66M Settlement With Piracy Site isoHunt

Founder
of Canadian file-sharing search engine isoHunt is “free at last” after settling
two outstanding copyright lawsuits with the record industry for $66 million.

"After
10 years (2006–2016), I'm happy to announce the end of isoHunt's and my
lawsuits
," Gary
Fung, the Vancouver resident who founded isoHunt.com in 2003, wrote in a blog post on
the website Medium.

isoHunt.com
allows users to search pirated music, movies and other files via BitTorrent.

The
court found that isoHunt and Fung were liable for $55 million in damages and an
additional $10 million in punitive damages, plus another million in court
costs. He can also never be associated with any other service that makes music
available without the 
authorisation of music companies.

 As
part of the second consent order, Fung agreed to the dismissal of a countersuit
filed by himself against the labels.

“Music
companies in Canada stand shoulder-to-shoulder in the fight against
illegitimate sites that distribute massive volumes of creative works without
compensation to creators,” said Graham Henderson, president & CEO of Music
Canada, the trade group for Canadian music companies.

“Thousands
of Canadian creators, our creative industries, and their employees are directly
harmed by these activities. This settlement is a step forward towards providing
consumers with a marketplace in which legitimate online music services can
thrive.”
 




















































text-autospace:none"> mso-bidi-font-family:Arial;color:#262626">In Fung’s blog post, he called the
ordeal "an interesting and challenging journey for me to say the least,
and the most profound business learning experience I could not expect."





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