Music and movie giants have joined forces to freeze Kim Dotcom's assets, but they'll have to negotiate conditions first.
Lawyers appeared at the High Court in Auckland on Monday on behalf of four music industry companies and six Hollywood film studios seeking to have Dotcom's assets frozen ahead of their claim against him.
The record labels are understood to be Warner Music, UMG Recordings, Sony Music and Capitol Records, while the film companies are 20th Century Fox, Disney, Paramount, Universal, Columbia Pictures and Warner Brothers.
The companies say the now defunct file sharing website Megaupload and its key operators, including Dotcom, facilitated, encouraged and profited from massive copyright infringement and want Dotcom's New Zealand assets to remain frozen while their case is under way.
Lawyers appearing for Mr Dotcom and his wife Mona said the estranged pair were prepared to maintain the current freeze, but the companies needed to offer security first.