Maker of DVD-Copying Products in Settlement
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A company driven out of business by Hollywood and the video game industry over its DVD- and computer-game-copying software has reached a settlement with the movie industry.
Suburban St. Louis-based 321 Studios Inc. and its owners agreed to stop selling DVD-copying software worldwide, said Matthew Grossman, a spokesman for the Motion Picture Assn. of America.
The firm’s owners also agreed to a financial settlement, he said. Terms were not disclosed.
Robert Moore, owner of 321 Studios, declined to comment. Michael Paige, an attorney for the company, said the deal had been signed by Moore and 321 co-owner Robert Semaan.
The company ceased operation last month.
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