Petteri Pyyny
21 Aug 2000 19:58
Sony Music and MP3.com have settled their My.MP3.com lawsuit, companies announced today. Terms of the agreement weren't disclosed. MP3.com will pay undisclosed amount of money for Sony Corp to get the settlement. MP3.com also made a non-exclusive licensing agreement with Sony.
This is the fourth settlement over the My.MP3.com case, only the settlement with world's largest recording company, Seagram's UMG, is still missing.
MP3.com lost their case in April where RIAA sued MP3.com over its My.MP3.com service that allows users to copy their own purchased CDs to MP3.com's service and sell the CDs after that and access the copied music through MP3.com's service.