Record Labels, Music Publishing, Internet

Four US students have agreed to pay damages after the RIAA (Recording Industry Association of America) issued proceedings for providing illegal peer-2-peer downloading sites for profit. Daniel Peng, Joseph Nievelt, Jesse Jordan and Aaron Sherman also agreed not to illegally distribute copyrighted music, although they did not admit to any wrongdoing (see Law Updates May 2003 RIAA Launches Pre-emptive Strike Against Student Downloading).
The four students will pay between $12,000 (ÿ£7,500) and $17,500 (ÿ£11,000) each to the RIAA. The RIAA hope that the action will prompt universities to shut down similar downloading services which are facilitated by university high speed broadband and cable services which are available to students.