Richard O'Dwyer, from Sheffield, is accused of breaking copyright laws. The US authorities claimed the 24-year-old's TVShack website hosted links to pirated films and TV programmes.
The High Court was told Mr O'Dwyer had signed a "deferred prosecution" agreement which would require him paying a small sum of compensation.
Mr O'Dwyer will travel to the US voluntarily in the next few weeks for the deal to be formally ratified, it is understood.
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