Bye-Bye Lime Wire !!!

India
October 30, 2010 3:45am CST
Lime Wire is a renowned peer-to-peer file sharing system .They started their services in 2001 .It soon took over the Internet market by a storm , by introducing a model through which friends could share music online . In 2006 , many music companies together lodged a complaint against it for copyright infringement .Recently they have lost the legal battle to them in a Californian Court . Do you think their business model was fair enough to operate in the market for so long ??
4 responses
• Canada
31 Oct 10
Good that site was full of nothing but viruses but I bet the owners got rich so hey they probably figured it was a good run. Now they will just to make another similar company that does the same thing. We haven't see the end of limewire just yet.
@tonyllenium (6252)
• Italy
31 Oct 10
ehh unuckly even limewire closed i think that peer-to-peer model i general is a strange world also because hey know that if the service will reach a good level and so many users will use the site it would close from courts and copyright laws..but they still there..may eb it needs to think about a new model of peer to peer where it cna be normal to share without break too much laws if not almost all will close..
@kai9999 (1700)
• India
30 Oct 10
p2p are illegal to use though no one consider about using them as their are free. in countries which are democracy ruling system one can't do any thing about it as every member as the right to share anything he wishing. but here it costs a lot to music industry and also to entertainment industry over millions. any way if limewire is off then they are many p2p software out there. they can't stop each and every one but they can limit them for sure.
• Philippines
30 Oct 10
Limewire was one of the major P2P sharing sites that really contributed to the demise of the recording music industry. Millions of songs are shared and downloaded for free by internet users all over the world. It was in limewire already even before it hit the stores or legal downloading sites due to 'music leaks'. These contributed much to the loss of livelihood by composers, artists, producers, employees, and other people involved in the music industry. I think it is high time someone caught the big fish, such as limewire. It will make people realize that there is a business involved in making music. Companies invest money in order to produce, while music creators invest time, effort, and talent. It is but right to be fairly compensated for all these efforts.