Canadian music industry settles piracy lawsuit against isoHunt

VANCOUVER — Two dozen Canadian and international music companies have scored a victory against music piracy to the tune of $65 million, with the settlement of a copyright infringement lawsuit originally filed six years ago against BitTorrent file-sharing service isoHunt Web Technologies Inc. and its founder Gary Fung.By way of a consent order filed in British Columbia Supreme Court, isoHunt and Fung are liable for $55 million in damages and an additional $10 million in punitive damages. isoHunt and Fung further agreed not to be associated with any service that makes the music companies’ recordings available without authorization, including by...