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1 minute read
Timeline
NUMBER OF USERS
LimeWire had as many users as iTunes, which was about 1.7 million households
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ALMOST DISCONTINUED
LimeWire considered shutting down after the outcome of MGM v. Grokster
2000
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2005
LIME GROUP LLC
Mark Gorton launched Lime Group LLC and had a team of engineers exploring the peer-to-peer space
INITIAL RELEASE
LimeWire was released on May 3, 2010
SUPPLY AND DEMAND
In the early days of LimeWire, 90% of download attempts would fail because supply of files were limited and the demand was large
2006
INCREASING REVENUE
LimeWires user count increased to over 4 million active users per day and its revenue was $20 million
SHUT DOWN
On October 26, LimeWire was ordered to disable the “searching, downloading, uploading, file trading, and/or file distribution functionality,” after losing a court battle with Recording Industry Association of America (RIAA)
LimeWire shut down shortly after
COPYRIGHT INFRINGEMENT
Arista Records LLC v. Lime Group LLC
On May 12, it was ruled that LimeWire and its creator, Mark Gorton, had committed copyright infringement, engaged in unfair competition, and induced others to commit copyright infringement
2007
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2010
LIMEWIRE’S FIRST CEO
Gorton hired his first CEO, George Searle, who focused on LimeWire’s success in the future
JAIL TIME
LimeWire user, Gregory Kopiloff, was sentenced to 51 months in jail for identity theft with the help of LimeWire
2011
$72 TRILLION LAWSUIT
RIAA announced their intention to sue LimeWire for statutory damages that claimed up to $72 trillion in damages
TRIAL
From the beginning of May–May 13, a trial was held to decide on the eventual amount of damages
Gorton agreed to pay $105 million in an out-of-court settlement