MP3.com settles with TVT Records

TVT Records confirmed on Friday that they've settled their lawsuit against MP3.com, but declined to disclose any further details about the settlement. TVT Records sued MP3.com in heels of RIAA's lawsuit against the company, claiming damages of unauthorized use of its music in MP3.com's My.MP3.com service.

TVT's lawsuit got weird twist in this year, when a jury found MP3.com guilty of copyright infrigiment, but miscalculated the damages and awarded $300,000 to TVT instead of $3,000,000. Judge declared a mistrial in case and the opponents were heading back to court in last week.

Written by: Petteri Pyyny @ 12 Nov 2001 11:32
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