LISTEN TO WHAT THE SCOUR PEOPLE SAY

Both companies' boards of directors approved the asset sale. The agreement was filed today in U.S. Bankruptcy Court for the Central District of California in Los Angeles. The sale will give Listen.com control of Scour's assets, but will not make the company responsible for Scour's legal liabilities.

"The board and Scour management support the Listen.com acquisition, and we believe it is in the best interest of all of the company's constituents," said Scour President Dan Rodrigues.

"By incorporating certain Scour assets into our service, Listen.com will soon be able to provide the most complete digital media search capabilities to our syndication partners and consumers," said Listen.com founder and CEO Rob Reid. "We believe that Listen.com can develop Scour's assets into a powerful means to distribute multimedia content in a way that respects rights holders."

In July, the Motion Picture Association of America, the Recording Institute Association of America and the National Music Publishers' Association legally dogsled on Scour over allegations of copyright infringement. Scour retaliated Oct. 12 by filing a voluntary Chapter 11 petition in U.S. Bankruptcy Court, which automatically stayed all pending litigation against the company.

Listen.com will comment further on its plans for Scour's assets after the court's review is complete.

RIAA President and CEO Hilary Rosen isn't waiting to comment, saying in a prepared statement: "I have been assured by Listen.com's management that prior to the acquisition of Scour.com that the file exchange service and search engine service will be shut down and any resolution of the lawsuit will depend upon Scour and Listen.com following through on this commitment."