Napster, Publishers Reach Preliminary Settlement
American songwriters and music publishers have reached preliminary agreement with the on-line file sharing service Napster to settle the class-action lawsuit currently pending in federal court in California. The agreement includes terms under which the songwriters and music publishers will license their music to Napster’s new membership-based service. The announcement of the proposed settlement was made jointly by Edward P. Murphy, president and CEO of the National Music Publishers’ Association, Inc., Gary L. Churgin, president and CEO of The Harry Fox Agency, Inc., George David Weiss, president of The Songwriters’ Guild of America, Inc., and Napster president and CEO Konrad… Read more »