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February 06, 2012

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Intellectual Property News

Content Industries and Sharman Networks Settle All Global Litigation

SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries...

SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries with the global settlement of the Metro-Goldwyn-Mayer Studios Inc, et al., v. Grokster, Ltd and the Universal Music Australia Pty Ltd & Ors v. Sharman License Holdings Ltd & Ors copyright cases.

The global settlement of all legal disputes between Sharman, which owns and distributes the Kazaa peer-to-peer (P2P) software application, and the major entertainment content providers and trade groups, clears the way to enable distribution of the broadest range of licensed content over Kazaa.

“This settlement marks the dawn of a new age of cooperation between P2P technology and content industries which will promise an exciting future for online distribution in general and Kazaa users in particular,” said Nikki Hemming, CEO of Sharman Networks.

“It has been our long standing goal for Kazaa to play a significant role in the growing market for licensed online distribution and authorised exchange of copyrighted content using peer-to-peer technology, and this settlement ensures that we will be working together with the content providers to the benefit of consumers, businesses and artists,” said Hemming.

All the parties involved now recognize the time is right to work together, and we are looking forward to collaborating with the music and motion picture companies to make P2P an integral part of the future of online digital entertainment,” said Hemming.

About Sharman Networks:
Sharman Networks Ltd. distributes the popular Kazaa software, a leading peer-to-peer application that allows users to search, download, organize and interact with a variety of file types. Founded in 2002, Sharman Networks is a private company committed to distributing computing software applications that are pioneering the digital revolution. Sharman Networks is a worldwide operation. For more information about Sharman Networks, please visit sharmannetworks.com.

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Did You Know?

The antitrust laws have improved over time.
Antitrust law and policy have dramatically improved since the 1970s.

	Newsroom
	News about Intellectual Property cases in Nevada and nationwide: The Owners Were Indicted Today For Charges Of Copyright Infringement Abdul Naser Al-Sweity, 35, of Newport, Ky. and Hicham Tibtani, 35, of Edgewood, Ky. operated the two grocery markets. The Indictment alleges that f... Read more > U.S. Government Urges Businesses To Protect Their Intellectual Property From Theft Overseas Austin, Texas – U. S. Deputy Under Secretary of Commerce for Intellectual Property Stephen Pinkos and U.S. Representative Lamar Smith today warned ... Read more > Fair Use Of The Copyright Act Of 1976 OLC Memorandum on Whether Government Reproduction of Copyrighted Materials Invariably is a "Fair Use" under Section 107 of the Cop... Read more > More Intellectual Property News >

Intellectual Property Terms

Today's Terms

Descriptive Term

Definition:
Is not considered to be inherently distinctive; to establish validity for registration or protection in court, it needs proof of acquired distinctiveness

Equivalents

Definition:
A rule of claim interpretation under which a product or process, although not a literal infringement, is still an infringement if it performs substantially the same way as the patented invention.

Phonorecords

Definition:
The material objects that store or fix copyrightable sounds, other than soundtrack accompanying a motion picture.

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Intellectual Property Hot Topics

Topics Related to Intellectual Property:

Copyright Issues
Patents
Trademarks
Unfair Competition Concerns
Right of Publicity Questions
Confidentiality Agreement
Patent Corporation Treaty

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