Limewire music-sharing service to be shut on 31 December 2010

LimeWire -- one of the world's biggest outlets for people to share music, movies and TV shows free of charge over the Internet – has announced that it would be shutting down by the end of the year and closing its sole office in New York.

Founded in 2000 by Mark Gorton, LimeWire remained in a constant battle with record companies; who accuse it for copyright infringement and encouraging online and physical piracy, because millions of users used it to download music for free.

In October, a U.S. federal judge granted the music industry's request to shut down the popular LimeWire file-sharing service, which had been found liable for copyright infringement.

In addition to the news, LimeWire also said its plan to bring a separate, legal music service to market had been canceled. --------

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