Canadian BitTorrent site isoHunt to shut down, pay US$110-million fine

Financial Post | Business

A Vancouver resident has agreed to shut down his popular downloading website and pay a $110-million fine after settling a long legal fight with the Motion Picture Association of America.

Gary Fung ran isohunt.com, a search engine for BitTorrent files, which helped users find virtually every type of copyrighted material, including music, movies, computer software, ebooks and pornography.

As of Friday, the site stated it linked to 13.7 million active BitTorrent files with 51 million users either uploading or download them.

According to Alexa.com, it ranked as the 423rd top site on the web for global traffic and 167th in Canada.

On his blog, Fung said he was “sad to see my baby go.”

“But I have fought the good fight, I have finished the race, and I have remained faithful. Ten-and-a-half years of isoHunt has been a long journey by any business definition, and forever in Internet startup time…

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