Hollywood studios on Tuesday picked up a major copyright victory by shutting down an Internet video streaming site run out of Agoura Hills. RecordTV.com founder David Simon, in agreeing to settle an infringement lawsuit brought by a dozen studios and entertainment companies, will abide by a court injunction blocking him from doing business. Terms of the settlement were released by Motion Picture Assn. of America prexy-CEO Jack Valenti. “Today’s announcement is another giant leap forward in creating a fair and equitable marketplace on the Internet for movies, TV shows and other copyrighted programming. RecordTV.com, by way of this settlement, confirms that streaming valuable creative works without permission is 100% wrong,” Valenti said. Simon’s venture taped movies selected by subscribers, then streamed the programming over the Internet for the subscribers to view. Lawsuit against RecordTV.com was filed last July in U.S. District Court for the Central District of California by Columbia Pictures and Columbia Pictures Television, CPT Holdings, Disney Enterprises, MGM Studios, Paramount, TriStar Television, TriStar Pictures, 20th Century Fox, Universal Studios and Warner Bros.