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BMG settles Napster lawsuit for $130M
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Posted by dan on: 2007-09-03 03:03:50 Article Viewed : 41
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Media conglomerate Bertelsmann AG has settled a copyright infringement case involving its deal with the Napster file-sharing service, paying $130 million US to music publishers.
The National Music Publishers' Association, a trade association that represents more than 700 U.S. music publishers, announced the deal on Friday.
German media company BMG was targeted in a class-action suit brought by U.S. music publishers. In the agreement, which still needs approval by a federal U.S. judge, BMG does not admit any wrongdoing.
The NMPA joined other music publishers in a $17 billion US class action filed in 2003 against Bertelsmann (BMG) over its investment in the Napster file-sharing service in 2000.
The publishers contend Bertelsmann contributed to Napster's copyright infringement of songs by being an original investor in the service.
The suit claimed BMG wanted "to preserve Napster's user base for Bertelsmann's own commercial advantage."
Source cbc.ca
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