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Mark Cuban to Finance Grokster Defense

Billionaire Mark Cuban has announced that he will finance Grokster's defense against MGM's peer-to-peer lawsuit, which is expected to be argued before the U.S. Supreme Court on Tuesday. Cuban, the entrepreneur who sold Broadcast.com to Yahoo for $5.7 billion and who's now president of HDNet, a provider of high-definition TV programming, wrote in a blog entry Saturday that he had agreed to fund the software company's defense after he was approached by the Electronic Frontier Foundation and others.

Read the whole story at Cnet, March 27, 2005 »

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