It looks like MetaMachine, the company behind the eDonkey Peer-to-Peer filesharing network will be coughing up $30million to settle a lawsuit brought by a group of six record companies. Since the settlement, the services' website has been shut-down. This marks the latest death in the rapidly dwindling P2P Fileshare space.
Next on the RIAA's list of targets looks to be the service LimeWire, another P2P fileshare network that is developed and backed by a single company that looks to be profiting from the questionable content swapping it enables.