IsoHunt Settles The Last Of Its Lawsuits, Laughably Agrees To ‘Pay’ Recording Industry $66 Million

You may recall that almost three years ago, the BitTorrent search engine IsoHunt agreed to shut down and to “pay” Hollywood studios $110 million. The number was a joke, because IsoHunt and its creator didn’t have $110 million. It’s just that the legacy copyright players always like to end these lawsuits with a giant headline grabbing number, while they’ve quietly agreed to accept very little, if any, actual money (and whatever money they do receive is not then distributed to any artists).

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Story added 26. July 2016, content source with full text you can find at link above.