Monday, March 28, 2005

Cuban Lights Up Grokster Defense Costs

Billionaire HDTV and Dallas Maverick owner, Mark Cuban, states he will fund the defense costs for media file-swapping company, Grokster, as its case is set for Supreme Court decision. The copyright infringement liability of companies offering file-swapping services may be a key to a number of new media and broadband services allowing downloading and potential sharing of full-length video programs.

After watching the music industry be fundamentally challenged and changed by file-swapping and downloading, the film and television industry has been very aggressive in going after companies that allow online digital file swapping, seeking to maintain the value of copyrighted product and limit piracy. The stakes are high for everyone concerned

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