VidAngel, the streaming service that filters objectionable content, filed a plan on Thursday to pay off a $62.4 million copyright judgment and emerge from bankruptcy.
The trustee’s reorganization plan envisions paying off the massive judgment over the course of 14 years. After a trial in federal court last June, a jury found that the company had willfully violated copyright law by streaming hundreds of major studio movies to its customers for as little as $1 apiece.
VidAngel, based in Provo, Utah, pitched its service to faith audiences who wanted to watch Hollywood movies without seeing offensive material, such as foul language, violence and sexual content.
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