The firm RealNetworks Inc. reached an agreement to resolve a series of lawsuits filed against it by six movie studios, who demanded he stop selling a program that has enabled consumers to copy DVDs to their computers.
Under terms of the agreement announced Wednesday, RealNetworks can not sell its RealDVD product or any other similar technology, the company said.
The Walt Disney Co., Sony Corp. and others sued RealNetworks in 2008, claiming that RealDVD was a tool that allowed illegal piracy and to prevent consumers from buying original movies on DVD, simply because they preferred to borrow them or rent them copy.
RealNetworks also agreed to withdraw an appeal filed after a judge barred the company in August to sell RealDVD.
The company agreed to pay $ 4.5 million to study for their litigation costs and repay the purchases made by some 2,700 customers.
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