Categories: NewsTechnology

DRM Stripper Ace Deal Agrees To Pay Over US$5m in Fines

Although 4K content has not found its way into the homes of consumers around the world just yet, there was a particular service in existence removing the DRM associated with this content type. Ace Deal, as this service was known, has to pay US$5m in damaged to Intel and Warner Bros.

Ace Deal Forced To Pay The Piper

DRM Has always been a topic of substantial debate among content consumers, as people want to watch what they want, there they want, on whatever device they want. Unfortunately, that is not possible in this day and age, as content is restricted to specific platforms. In some cases, this even means people cannot make a legal backup of their legitimately purchased content.

However, that is not to say services such as Ace Deal can offer a solution to strip DRM from Blu-ray and 4K content all of a sudden. There is a good reason as to why DRM protection has been enabled, as it makes it much more difficult to start pirating content and distributing it over the Internet.

Ace Deal has admitted they violated the copyright under the DMCA, by selling HDCP-strippers to remove copy protection associated with Blu-ray and 4K content. With over 2,000 of these devices sold in recent years, there was a huge market to have DRM removed from video material.

Related Post

It came as quite a surprise to find out Ace Deal has agreed to pay a fine of US$5,250,000; as it is quite a hefty sum for a small company.  Additionally, similar products may not be offered by the firm or its employees in the future. All in all, this seems to be the most positive outcome for all parties involved.

It is important to note the court still has to sign off on this deal, although it is expected this will happen very soon. Whether or not this means more of these deals will be settled in the future, remains to be seen, though. The war against copyright infringement is far from over, and internet piracy remains a booming market.

Source: TorrentFreak

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Ondo Facilitates Big Banks’ Connection to Blockchain in Historic Settlement

A crucial development is taking place at the intersection of legacy finance and blockchain as…

4 hours ago

Morgan Stanley Adds Crypto Trading To E*Trade With Aiming Millions Of Retail Investors

Morgan Stanley is taking a big step into digital assets space with the launch of…

5 hours ago

Brian Armstrong Sets Course for AI-Driven Transformation As Coinbase Cuts 14% of Workforce

Coinbase is about to undergo one of its largest structural reorganisations in some time, with…

15 hours ago

$150M Crypto Ponzi Scheme Crumbles, Forming Global Fraud Network As Investigators Freeze $41.5M

The suspicious DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, now confirmed a Ponzi operation,…

15 hours ago

BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows As Demand Soars Following Ceasefire

Demand from institutions is heating up again, with U.S. spot Bitcoin ETFs logging a tally…

1 day ago

Western Union Launches USDPT Stablecoin on Solana to Transform Global Payments Infrastructure

Western Union expands its participation in the digital asset ecosystem with USDPT, a Solana native…

2 days ago