Zomba, MP3.com Settle Lawsuit
Zomba Records, the powerful independent record label that is home to the Backstreet Boys and Britney Spears, said Thursday that it had settled a copyright infringement lawsuit with online music company MP3.com Inc., a unit of Vivendi Universal.
“The parties have settled the litigation between them and resolved their differences to their mutual satisfaction and have entered into a licensing arrangement for the My.mp3 service,†Zomba said in a statement.
The terms were not disclosed.
The settlement with Zomba comes about a week after more than 50 music publishers and songwriters, including country artist Vince Gill’s publishing companies, filed yet another lawsuit against MP3.com.
MP3.com said it was pleased the case with Zomba had been settled.
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