Breaking: IsoHunt.com settles with MPAA, will shut down as part of the deal

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Motion Pictures Association of America (MPAA) has revealed today that Gary Fung, owner of IsoHunt.com, has agreed to a settlement and as a part of the deal the torrent indexing site will close down.

The judge presiding over the MPAA vs. IsoHunt.com case, Jacqueline Chooljian, cancelled the hearing which was planned after she was informed that both the parties have settled outside court.

“The website isoHunt.com today agreed to halt all operations worldwide in connection with a settlement of the major movie studios’ landmark copyright lawsuit against the site and its operator Gary Fung” reads the press release.

The settlement includes terms under which Fung will be prohibited globally from profiting by infringing content produced or copyrighted by MPAA and its member studios.

MPAA had a major success back in March when the 9th Circuit Court of Appeals ruled against IsoHunt.com and Fung stating that there was “enough unrebutted evidence in the summary judgment record to prove Fung offered his services with the object of promoting their use to infringe copyrighted material.”

Senator Chris Dodd, Chairman and CEO of the Motion Picture Association of America (MPAA) said that the settlement sends across a strong message to all those who encourage, enable and help others “to commit copyright infringement are themselves infringers, and will be held accountable for their illegal actions.”