LimeWire -- one of the world's biggest outlets for people to share music, movies and TV shows free of charge over the Internet -- said it would be shutting down by the end of the year and closing its sole office in New York.
In October, a U.S. federal judge granted the music industry's request to shut down the popular LimeWire file-sharing service, which had been found liable for copyright infringement.
"As a result of our current legal situation, we have no choice but to wind down LimeWire Store operations," LimeWire said in a statement on Friday.
"Despite our dedication and efforts, December 31, 2010, will mark the day when LimeWire Store shuts its virtual doors."
LimeWire also said its plan to bring a separate, legal music service to market had been canceled.
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