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Lime Wire Pays $105M To Settle With Record Cos.

By Eric Hornbeck ( May 12, 2011, 7:36 PM EDT) -- File-sharing software maker Lime Wire LLC and its founder abruptly settled a copyright infringement suit with Warner Music Group Corp. and three other record companies for $105 million Thursday, cutting short what could have been a billion-dollar damages trial in New York. . . .

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