A recent article in The Register called US music publishers sue online lyrics sites. TechDirt also covered this in their article Music Publishers Now Suing Lyrics Sites And Their Execs. One of the sites included was LyricWiki. Basically this lawsuit would shove the site in with those who burn and sell music without a license.
Also, recently Wikia acquired LyricWiki. As explained in their LyricWiki:Wikia Migration FAQ:
The dream will live on – Yay! Wikia has arranged a licensing deal so that royalties can be paid to music publishers, which will avoid the nasty risk of the site being sued out of existence. It’s good to know that our years of hard work won’t be evaporating any time soon! This is a gigantic relief for me and I’m sure many of you as well.
It is unfortunate to hear such things have to happen to some sites.
This post was submitted by fanhistory.

