Thursday, September 29, 2005

eDonkey Folds to RIAA Demands, Cites Legal Costs --Digital Music News

Digital Music News reports:

eDonkey Folds to RIAA Demands, Cites Legal Costs

Leading peer-to-peer application eDonkey will soon comply with RIAA demands.
In Senate testimony Wednesday morning, company CEO Sam Yagan said that his
company would be "throwing in the towel" following the receipt of an RIAA
cease-and-desist notice. "I'd like to make it clear to the Committee that we
have replied to the RIAA's cease-and-desist letter," Yagan said to the US
Senate Committee on the Judiciary, in a hearing dedicated to post-Grokster
issues. "I have personally committed to [RIAA president Cary] Sherman, which
I reiterate today, that we are in the process of complying with their
request." The eDonkey site is currently live, and specifics of the plan
going forward were not revealed. The company felt that it could win a legal
battle against the RIAA, but could not afford the legal costs involved.....

Full text of article.

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