Another bit torrent site bites the dust with a 110 million dollar fine
 

http://www.cbc.ca/news/technology/is...m-us-1.2126064

A Vancouver resident has agreed to shut down his popular downloading website and pay a $110-million fine after settling a long legal fight with the Motion Picture Association of America.

Gary Fung ran isohunt.com, a search engine for BitTorrent files, which helped users find virtually every type of copyrighted material, including music, movies, computer software, ebooks and pornography.

'Sad to see my baby go.'?Gary Fung, isoHunt.com

As of Friday, the site stated it linked to 13.7 million active BitTorrent files with 51 million users either uploading or download them.

According to Alexa.com, it ranked as the 423rd top site on the web for global traffic and 167th in Canada.

On his blog, Fung said he was "sad to see my baby go."

"But I have fought the good fight, I have finished the race, and I have remained faithful. Ten-and-a-half years of isoHunt has been a long journey by any business definition, and forever in internet startup time. It started as a programming hobby in my university days that has become so, so much more," Fung wrote.

"It's been a learning experience beyond what I imagined. I've done the best I could pushing the social benefits of BitTorrent and file sharing, the searching and sharing of culture itself, but it's time for me to move on to new software ideas and projects."

MPAA, which represents Walt Disney Studios, Paramount Pictures, Sony Pictures Entertainment, 20th Century Fox, Universal Studios and Warner Bros., originally launched its legal challenge of isoHunt in 2006.

It said in a statement that the settlement was "a major step forward in realizing the enormous potential of the internet as a platform for legitimate commerce and innovation."

Sadly, the thieving little fuck still thinks of himself as Robin Hood.

I know and he looks like he's about 27 so what the f does he know. Check out his pic here:
http://www.vancouversun.com/technolo...780/story.html

How much money does this guy have to be able to pay that back?

i am assuming he is declaring bankruptcy and he wont pay it at all

The business will go bankrupt. The MPAA won't see a penny and the traffic will move elsewhere.

sad news!

Other sources say an undisclosed amount, "up to" 110 million dollars. That's a range of $0 - $110,000,000. I bet it's closer to 0, seeing as how hid net worth was under $10 million.

He's clearly in the empire business.

Another one bites dah dusttt!

All I think is about that huge traffic... If it was legit I would love to have, but it is dirty cheap traffic. Most folks there go crazy with pirate because they don't have a penny to pay for anything at all, so the traffic is useless. Of course, between millions some sales will be made, but who cares?!

Not necessarily, my wife and I pay for porn that we enjoy together, but we watch movies we find on the webs. $25 to see a 2 hour movie is worthless to us. $25 for a site for 30 days we can enjoy at anytime is great.