Innovation
MP3.com and EMI settle
MP3.com may actually come out of the my.music debacle with something to smile about
Maverick music site MP3.com has agreed settlement terms with EMI. The pair finally agree to settle their outstanding copyright infringement suit which threatened to put the Web site out of business.
MP3.com can now include EMI's music in its download service.
In April, a US court ruled that MP3.com had violated the copyright of five major record labels by allowing users to upload music tracks to its My.MP3.com service and access them from any computer.
The settlement with EMI is rumoured to have cost $20m, with MP3.com also agreeing to pay a fixed fee whenever a user registers an EMI CD, and a further fee each time a track is accessed.
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