Petteri Pyyny
14 Jul 2003 16:56
Bertelsmann, the media giant and former owner of the notorious P2P software Napster, is going to court trying to get lawsuits filed against it, dismissed.
Company has been sued by several small-scale music publishers, British record label EMI and also by the world's largest record label, Universal. These parties are seeking damages worth of over $17 billion, claiming that Bertelsmann assisted in large-scale copyright infgringement case by supporting Napster financially.
According to Bertelsmann, Universal also tried to buy Napster at the time it was negotiating with the small startup -- Universal's deal fell through when the price got too high.
Source: The Register