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TorrentSpy ordered to pay $110 million in damages to MPAA

50°
333w ago - After a federal judge awarded the MPAA a summary judgment against former BitTorrent tracker TorrentSpy late last year, the only question left was how much it would end up costing TorrentSpy's admins.

We've got our answer, and it comes in the form of a staggering $110 million damage award, or $30,000 in statutory damages for each of the nearly 3,700 files in the MPAA's complaint.

The MPAA announced the award in a press release (PDF) earlier today.

"This substantial money judgment sends a strong message about the illegality of these sites," said Dan Glickman, Chairman and CEO of the MPAA. "The demise of TorrentSpy is a clear victory for the studios and demonstrates that such pirate sites will not be allowed to continue to operate without facing relentless litigation by copyright holders."

In addition to the damage award, TorrentSpy is also permanently enjoined against any future copyright infringement, a moot point given the fact that all that remains of the site is a farewell message citing a "hostile" legal climate in the US when it comes to user privacy and copyright.

TorrentSpy was sued by the MPAA in February 2006 and fought back with a countersuit...
 

Rock Band: 3 Million Units Shipped, 10 Million Songs Downloaded

50°
333w ago - According to GameDaily, Viacom (parent company of MTV, which owns Harmonix), has announced that Rock Band has managed to ship "more than three million bundled units" since its launch last November. That's certainly a healthy number, and one that likely rivals - if not trumps - Activision's competing title, Guitar Hero III: Legends of Rock.

On top of this, Harmonix has revealed that over 10 million songs have been downloaded off the Internet, which only proves that those downloadable packs are both highly sought-after and extremely lucrative. And much like Grand Theft Auto IV and Take-Two, Rock Band's success has caused Viacom's Media Networks division to leap.

"Media Networks revenues rose 16% to $2.02 billion, principally driven by strong sales of the music video game Rock Band," Viacom said in an official statement. "...our Rock Band video game is continuing its successful tour and is emerging as a valuable long-term franchise. We expect to further that success with the upcoming release of Rock Band on the Wii home video game system and our launch in Europe," commented Philippe Dauman, President and Chief Executive Officer of Viacom.

Without any doubt, the music genre of video games, once a budding new category in the interactive entertainment world, now contains several of the most...
 

Atari, Infogrames Agree to Merge in $11 Million Deal

50°
334w ago - French-based publisher Infogrames today announced that it has formed a definitive pact with Atari to merge. Reached to the tune of $11 million dollars, the agreement gives Infogrames complete control over Atari.

"Bringing Atari US and Infogrames businesses together will enable us to create a simplified global structure for our business as we seek to re-build a well-managed, cohesive and financially disciplined company," said Infogrames CEO David Gardner.

"This is a key strategic event for Infogrames that will benefit all of our shareholders. I believe that this transaction will generate significant benefits for the Group," he added.

As part of the deal, Infogrames has agreed to lend Atart $20 million in funding to cover capital requirements. The publisher expects to close and seal the merger deal in the third quarter of 2008.

Press Release: Infogrames Entertainment S.A. and Atari, Inc. Announce Agreement to Merge

LYON, France and NEW YORK, April 30 – Infogrames Entertainment S.A. ("Infogrames" or "the Group") and Atari, Inc. (Nasdaq: ATAR) ("Atari") today announced that they have reached a definitive agreement to merge.

The agreement:
- brings to a close a period of financial underperformance for Atari;
- strengthens...
 

Monster Hunter Tops Two Million in Japan

250°
335w ago - A new record for the PSP! Monster Hunter keeps on selling over in Japan. The latest milestone represents a first both for the series and for the PSP: double platinum.

Capcom announced today that Monster Hunter Portable 2nd G has crossed the two million mark in Japanese shipments. This is the first time the Monster Hunter series has reached this mark, and is also a first for a Japanese PSP title.

While this is a shipped figure, the title is still one of the hottest titles at retail. The latest numbers from tracker Media Create have it in second place for last week, trailing just behind Mario Kart Wii.
 
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