Zomba, MP3.Com Settle Lawsuit
Zomba Records, the powerful independent record label that is home to the Backstreet Boys and Britney Spears, said Thursday it had settled a copyright infringement lawsuit with online music company MP3.com Inc., a unit of Vivendi Universal. “The parties have settled the litigation between them and resolved their differences to their mutual satisfaction and have entered into a licensing arrangement for the My.mp3 service,” Zomba said in a statement. The terms were not disclosed. The settlement with Zomba comes just about a week after more than 50 music publishers and songwriters, including country artist Vince Gill’s publishing companies filed yet… Read more »
