(AP) - WASHINGTON-Hollywood negotiated an agreement Tuesday with the creator of BitTorrent software, popular for downloading pirated movies over the Internet, in a deal aimed at reducing illegal traffic in online films.
The agreement requires 30-year-old software designer Bram Cohen to prevent his Web site, bittorrent.com, from locating pirated versions of popular movies, according to executives familiar with the deal. Removing his site from the mix effectively frustrates people who search for illegal copies of films.
These people spoke on condition of anonymity because details of the agreement between the major studios and Cohen were being announced later Tuesday in Los Angeles, California.
Details here from the AP via Findlaw.com. Or read the press release.