On Tuesday the US Supreme Court will begin hearing a lawsuit brought against Grokster and StreamCast networks that could change the legal landscape governing copyright infringement

Billionaire Mark Cuban has announced that he will finance Grokster’s defence against MGM’s peer-to-peer lawsuit, which is expected to be argued before the US Supreme Court on Tuesday.

Cuban, the entrepreneur who sold Broadcast.com to Yahoo for $5.7bn and who is now president of HDNet, a provider of high-definition TV programming, wrote in a blog entry on Saturday that he had agreed to fund the software company’s defence after he was approached by the Electronic Frontier Foundation and others. [more @ www.zdnet.co.uk]

Posted Tuesday, March 29th, 2005 at 8:35 pm
Filed Under Category: Music Business
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