Wednesday, Ticketmaster, an operating business of IAC/InterActiveCorp. (IACI) said that a default judgment and permanent injunction has been entered by the U.S. Court against Pittsburgh-based RMG Technologies, Inc.
The judgment was based on evidence that RMG-developed software allowed brokers to improperly access Ticketmaster's web site violating Ticketmaster's terms of use and intellectual property rights.
West Hollywood, California headquartered Ticketmaster said that the judgment included an award of more than $18 million to Ticketmaster for profits RMG wrongfully earned through infringement of Ticketmaster's copyrights, inducement to breach contract and intentional interference with contractual relations, plus an award of attorneys fees.
The company said that the U.S. District Court for the Central District of California Court's ruling was entered on June 19, 2008. Earlier, the company was granted a preliminary injunction in October 2007.
The Court ruled that RMG created, trafficked in, and facilitated the use of computing programs or other automated devices designed to circumvent the technological copy protections systems of Ticketmaster.com
"This is a big win for fans of live entertainment as well as for Ticketmaster," said Edward Weiss, Ticketmaster executive vice president and general counsel. "Consumers understand that there often simply are not enough tickets to meet demand, but RMG's technology was used by some to unfairly cut to the front of the line."
The damage award isn't expected to impact the entertainment ticketing and marketing company Ticketmaster's second quarter 2008 earnings.
IACI roe $0.48 or 2.42% and closed Wednesday's regular trading session at $20.31.
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