IsoHunt to Shut Down Following $110 Million Settlement with Film Studios
By Sam Callahan – Edited by Jennifer Wong
Columbia Pictures Indus., Inc. v. Fung
Gary Fung has agreed to pay $110 million in damages and will permanently shut down IsoHunt.com, TorrentBox.com, and his other file-sharing websites in order to settle a copyright infringement lawsuit brought by six major film studios, represented by the Motion Picture Association of America. The settlement comes after more than seven years of litigation.