span name=”intelliTxt” id=”intelliTxt”b style=”color: rgb(0, 102, 0);”After months of issuing warnings, the music industry finally made good on its threat to file suit against peer-to-peer software company LimeWire. /bbr /br //spanblockquotespan name=”intelliTxt” id=”intelliTxt”A group of music companies, including Sony BMG, Virgin Records and Warner Bros. Records, have accused LimeWire and the company’s officers of copyright infringement, according to a federal lawsuit filed Friday in U.S. District Court in New York. LimeWire produces software that’s often used to create copies of music recordings and then distribute them over the Web. /spanbr /span name=”intelliTxt” id=”intelliTxt”/spanbr /span name=”intelliTxt” id=”intelliTxt”The recording industry is asking for compensatory and punitive damages, such as $150,000 for every song distributed without permission. /spanbr /span name=”intelliTxt” id=”intelliTxt”/spanbr /span name=”intelliTxt” id=”intelliTxt”LimeWire is “devoted essentially to the Internet piracy of plaintiffs’ sound recordings,” the record companies charge in their suit. “The scope of infringement caused by defendants is staggering.”/spanbr /span name=”intelliTxt” id=”intelliTxt”/span/blockquotespan name=”intelliTxt” id=”intelliTxt”br /News source: a href=”http://news.com.com/2100-1025_3-6102509.html?part=rssamp;tag=6102509amp;subj=news”link/abr /br /This can’t be happening! Hehe.br //spanbr /br /Technorati Tags: a href=”http://technorati.com/tag/LimeWire” rel=”tag”LimeWire/a, a href=”http://technorati.com/tag/P2P” rel=”tag”P2P/a, a href=”http://technorati.com/tag/FileSharing” rel=”tag”FileSharing/a, a href=”http://technorati.com/tag/Software” rel=”tag”Software/a, a href=”http://technorati.com/tag/RIAA” rel=”tag”RIAA/a, a href=”http://technorati.com/tag/Piracy” rel=”tag”Piracy/a