Business
Scour lays off 52 employees
The target of a lawsuit by the music, recording and movie industries, lays off all but its top executives and engineers. A company spokesman says Scour won't abandon its file-sharing fight.
Saying an entertainment industry lawsuit has scared off financial backers, Scour Inc. handed 52 of its 64 employees pink slips on Friday afternoon.
Scour, backed by super agent Michael Ovitz, was sued in July by three entertainment industry associations, which alleged that the new file-swapping service violated copyrights by allowing users to share video, audio and other files for free.
Scour is best known for its multimedia search portal Scour.net. In April, however, it launched the file-swapping system Scour Exchange, which incurred the wrath of big record and movie producers.
Scour said it would continue to work with the high-profile legal team it hired last month.