SlySoft, a "legendary" company for anyone involved in copying of digitally protected Blu-ray and DVD media, announced that it has shut down. "Due to recent regulatory requirements we have had to cease all activities relating to SlySoft Inc.," reads message on the company's website. "We wish to thank our loyal customers/clients for their patronage over the years."

SlySoft has been releasing applications that could defeat DRM schemes, such as the Content Scrambling System used by DVDs and later by the Advanced Access Content System and BD+ DRM used by Blu-ray and HD DVD formats.

Slysoft had always early access to the encryption keys that were implemented by Hollywood studios in order to protect their Blu-ray disc releases.

The company was headquartered in the Caribbean nation of Antigua, taking advantage of the country's favorable laws related to intellectual propert matters. However, the software firm had been the target of vitriol and legal threats from the film industry throughout the years.