Andre Yoskowitz
2 Dec 2010 19:48
LimeWire, once the world's most popular P2P client, was officially shut down last month, following a four-year legal battle against the record industry.
A New York federal court issued a permanent injunction against the site, ruling that LimeWire caused a "massive scale of infringement" by intentionally giving users a platform to share millions of unauthorized music tracks.
At its peak, LimeWire was seeing 50 million monthly users.
Today, the company has sent out a memo scrapping their longstanding plans to open a new legal music download store, meaning there is literally nothing left of the company.
The current LimeWire store will also shut on December 31st, and the company will not accept any new payments, effective immediately.