Justice is served! Court: Grokster, StreamCast Not Liable

From Court: Grokster, StreamCast Not Liable:

"SAN FRANCISCO - Grokster Ltd. and StreamCast Networks Inc. are not legally responsible for the swapping of copyright content through their file-sharing software, a federal appeals court ruled Thursday in a blow to movie studios and record labels.
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The panel noted that the software companies simply provided software for individual users to share information over the Internet, regardless of whether that shared information was copyrighted.
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"The technology has numerous other uses, significantly reducing the distribution costs of public domain and permissively shared art and speech, as well as reducing the centralized control of that distribution," Thomas wrote"

Finally, justice is served!