Streamer Copyright Case Settled

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Washington -- Movie studios, sports leagues and the
corporate parents of several cable networks have reached an out-of-court settlement with
the Canada-based Web site that streamed Buffalo, N.Y., TV stations over the Internet and
inspired a lawsuit that produced a restraining order two days before the Super Bowl.

In a statement announcing the deal, Motion Picture
Association of America president and CEO Jack Valenti said the case was not an attack on
the Internet, but a defense of intellectual property that was illegally distributed over
the Web by TVRadio Now Corp.'s iCraveTV, based in Toronto.

The settlement also addresses a similar suit filed by
Canadian broadcasters.

Bill Craig, president of iCraveTV, said in a prepared
statement that his start-up company could not move ahead in business while fighting the
forces Valenti arrayed in court in the United States and Canada.

Craig insisted that his streaming activities did not
violate Canadian law. He said his company is progressing with work on technology that will
limit the distribution of streamed broadcasts over the Internet.

"We continue to maintain, however, as we always have,
that our activities were perfectly legal under Canadian law. Indeed, the settlement
agreements in both Canada and the United States specifically recognize that iCraveTV can
again start retransmitting broadcast signals in Canada once Canadian law is
clarified," Craig's statement said.

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