Soribada, a Korean P2P developer, will convert to an authorized paid service on April 1. The settlement includes a $8.75 million fine.

Soribada launched in 2000 with a server-based architecture like the original Napster. Unlike RIAA and Napster, the Korean Association of Phonogram Producers' (KAPP) legal progress was markedly slower. A multi-year suit finally resulted in the service being closed last year.

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Law-enforcement officials ordered the local peer-to-peer (P2P) service pioneer to terminate their file sharing software and servers in November, 2005, two years after KAPP filed a suit against the company.

Soribada was developed in 2000 by Yang Jung-hwan and grew to become the most popular P2P music-sharing service in South Korea with more 22 million registered users.