Pamela Anderson Lee and her rocker husband, Tommy Lee, have thrown in the towel in their legal fight to get their homemade sex- filled videotape off the Internet and settled with the company distributing it. In a statement released on Monday, Internet Entertainment Group said that the Lees had "dropped their attempt to bar . . . IEG from distributing over the World Wide Web a notorious video that shows them in intimate sexual relations." The couple sued IEG last month for invasion of privacy and receiving stolen property, claiming that the tape was taken from their Malibu home in 1995. The video was originally put up on November 6, but was yanked after only five hours even though the site was jammed with horny curiosity seekers. Both sides agreed to go into binding arbitration to settle the dispute.

Terms of the final agreement were not disclosed by the Seattle- based Internet company, and Marleah Leslie, the Lees' spokeswoman, said she was not allowed to discuss the settlement. "The Lees have never intended to profit, nor have they profited, from the stolen tape and are sick about the whole situation," Leslie said. She said the couple wants to put the entire episode behind them "and focus on the upcoming birth of their second son, Dylan Jagger." For those who are interested, and you know who you are, the thirty- nine- minute video, which IEG bills as featuring a "wild and sex- filled boat trip . . . and other intimate scenes," was put back up on the company's Web site on Monday. And yes, we know the address. And no, we're not gonna tell you.