TorrentSpy has been ordered to pay $110M to the Motion Picture Association of America for copyright infringement.
TorrentSpy facilitated the illegal sharing of copyright files by hosting a collection of links to films and music.
TorrentSpy parent company Valence Media and its owners Justin Bunnell and Wes Park have filed for bankruptcy.
The MPAA first began legal action against the website in February 2006.
"This substantial money judgement sends a strong message about the illegality of these sites," said Dan Glickman, chairman of the MPAA. "The demise of TorrentSpy is a clear victory for the studios."
http://news.bbc.co.uk/1/hi/technology/7389485.stm