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Reveal Investors, Judge Orders Sharman
By Jon Newton, p2pnet.net
(more articles from this author)
2003-05-21
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AOL Time Warner, Sony and other entertainment companies suing Kazaa will soon know who's invested in Kazaa - thanks to US magistrate Judge Patrick Walsh.

Walsh ordered Sharman Networks - Kazaa's owner - not only to produce a list of names of investors, but also of lenders who'd declined invitations to invest.

Sharman also has to give the names of all its managers and directors, the judge said.

"By the end of 2002 KaZaa claimed it had 140 million worldwide users, twice that of Napster at its peak," Rich Menta wrote. "Served off of the island of Vanuatu - a semi-safe haven for world trade - KaZaa is also proving a challenge for the American entertainment industry to sue out of existence like they did with Napster and most recently Madster (formerly Aimster)."

In 2001, the Fulsome Five record labels and Not-So-Magnificent-Seven movie studios sued Sharman, as well as Streamcast Networks and Grokster.

But although this April, a judge ruled that the latter two companies aren't liable for contributing to copyright infringement, finding they're not responsible for what individuals do with tools that enable file sharing, the decision didn't cover Sharman.

SOURCE: p2pnet.net


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