MPAA has announced that it has reached a settlement with the late DVD backup software vendor 321 Studios, which ceased all operations last week.
"321 Studios built its business on the flawed premise that it could profit from violating the motion picture studios' copyrights," MPAA CEO Jack Valenti says in a prepared statement. "This is not the end of the story in our massive fight against piracy."
The exact amount of the settlement was not announced.
Source: PCWorld












