Andre Yoskowitz
24 Apr 2007 11:07
Today, the German media conglomerate Bertlesmann settled with Warner Music for over $110 million.
The agreed settlement is related to Bertlesmann's involvement with the original Napster that was infamous for being the beginning of P2P and mass music piracy. In 2000, Bertlesmann invested heavily in Napster and has been paying for that decision ever since.
In the past year they have settled with Universal for $61 million and EMI for a undisclosed amount.
Source:
BetaNews