In April, the conglomerate settled with Warner Music for over $100 million USD as well as settling with EMI and Universal for undisclosed amounts. For all the cases including the latest, Bertlesmann admits no wrong doing but will pay a monetary settlement.
A joint statement says the settlement only requires court approval and should be finalized in a few months.
Source:
BetaNews
Written by: Andre Yoskowitz @ 31 Aug 2007 13:44