By mid-2005, BitTorrent, Inc. was funded by venture capitalist
David Chao from
Doll Capital Management, and in late 2005 Cohen and Navin made a deal with the
MPAA to remove links to illegal content on the official BitTorrent website. The deal was with the seven largest studios in America. The agreement means the site will comply with procedures outlined in the
Digital Millennium Copyright Act.
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