Sharman Networks, designer of Kazaa, the world’s most popular peer-to-peer networks for unauthorized Internet downloads, has finally come across the table to settle with both the leading labels and studios in a world agreement with MPAA, IFPI and RIAA.



Sharman is all set to pay out $115 million and make use of filtering technology to make sure that simply the lawful content is downloaded and shared.



Fast facts on a timeframe for conversion and the filtering were not declared. The filtering is expected to beyond the simplest keyword filtering directed by an Australian judge.



Sharman had lost one of the longest-running and fiercest copyright disputes of the Internet era in Australia Federal Court last year. This is the dispute, in which the entertainment industry spent millions suing Sharman Networks Ltd. and the company’s customers to end the illegal trade of its products. Sharman is combined with premier services BearShare, Grokster and Mesh to shut down or convert and ezPeer in Korea, Taiwan and Soribada, under the pressure of entertainment industry.



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