321 Studios Folds

According to a posting on its website 321 Studios, makers of DVD and video game copying software, have “ceased business operations including, but not limited to, the sale, support and promotion of our products.” The company said that despite its "best efforts to remain in business," unfavorable court rulings by three federal courts this year assured its demise. The company warned in June that it could seek federal bankruptcy protection to free itself of copyright-related lawsuits by Hollywood and games publishers. Company founder and president Robert Moore has said the company would make good with creditors, satisfy customers seeking rebates and press its case that consumers "should have the right to make copies of their own legally obtained digital materials." Source: Forbes