YouTube-MP3 converter Web site closed. After the big record labels suing

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Last year, a group led by the music industry, the RIAA has sued the Web site YouTube-Mp3 Converter is a file from YouTube to MP3 music piracy reasons. Latest website owners to request settlement and then pay for the damage.

In the detail of the proposals of documents YouTube-Mp3 to pay money damages in an amount that was not disclosed, and the domain name is transferred, with record labels, one of which is the RIAA members.

If negotiations with final site YouTube-Mp3 will shut down within 24 hours, and into the next domain transfers.

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