Major YouTube audio-ripping site agrees to shut down after getting sued by labels
According to TorrentFreak, a proposed final judgment has been reached between audio-ripping site YouTube-MP3.org and a collection of record labels including UMG, Sony Music, and Warner Bros. Although the document has not yet been signed by a judge, it indicates a decision in favor of the labels, with an undisclosed settlement fee and an order to transfer the domain to a party representing the labels.
YouTube-MP3.org allows people to convert YouTube links into downloadable MP3 audio files. The RIAA called it the world's largest audio-ripping website, and labels filed a copyright infringement claim against the site last year, saying it was responsible for "upwards of 40 percent" of all illegal audio-ripping. According to a 2016 study by...