RealNetworks has announced that they have settled their outstanding lawsuits with the major Hollywood studios over their Real DVD ripping software, effectively killing the product off after making just 2700 sales.
Additionally, Real will pay $4.5 million to pay off the legal costs of the litigation.
"We are pleased to put this litigation behind us," adds Bob Kimball, president and acting CEO for Real. "This is another step toward fulfilling our commitment to simplify our company and focus on our core businesses. Until this dispute, Real had always enjoyed a productive working relationship with Hollywood. With this litigation resolved, I hope that in the future we can find mutually beneficial ways to use Real technology to bring Hollywood's great work to consumers."
The settlement also terms a permanent injunction that will block RealDVD and similar technologies forever from sale in the US or abroad.
The $30 USD software application allowed users to make a copy of their DVDs and it play it back on their PCs, allowing for, what Real thought, were legal backups. Clearly, Hollywood did not agree, despite the fact that Real's backups also included DRM to stop sharing of the backups.
"We are pleased to put this litigation behind us," adds Bob Kimball, president and acting CEO for Real. "This is another step toward fulfilling our commitment to simplify our company and focus on our core businesses. Until this dispute, Real had always enjoyed a productive working relationship with Hollywood. With this litigation resolved, I hope that in the future we can find mutually beneficial ways to use Real technology to bring Hollywood's great work to consumers."
The settlement also terms a permanent injunction that will block RealDVD and similar technologies forever from sale in the US or abroad.
The $30 USD software application allowed users to make a copy of their DVDs and it play it back on their PCs, allowing for, what Real thought, were legal backups. Clearly, Hollywood did not agree, despite the fact that Real's backups also included DRM to stop sharing of the backups.
