Owner of YouTube ripping site settles lawsuit with record labels

By apple, Business, copyrightinfringement, engadget, entertainment, gear, google, Internet, lawsuit, piracy, riaa, services, youtube,

Last year, record labels took the popular YouTube-ripping site to court seeking the pirating website’s permanent shutdown and $150,000 per violation. Well, the labels, helmed by the RIAA, have, as of today, won with recent court filin…

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