Today, Universal Music (UMG) became the first RIAA member to settle with the satellite radio company XM over receivers that have the ability to record content.
UMG signed a multi-year agreement with XM making its music available for recording on current and future hardware. Additionally, UMG withdrew itself from the RIAA's suit against XM.
The suit was filed in early 2006 when the RIAA deemed that the Pioneer Inno XM receiver was actually a form of copyright infringement. The device can record up to 50 hours of XM content in either MP3 or WMA format.
In its suit, the RIAA is seeking $150,000 in monetary damages for every song copied by XM subscribers. That number could easily be up in the hundreds of millions, but XM "alleged the RIAA was just using the lawsuit as leverage" in the deal.
Source:
betanews
The suit was filed in early 2006 when the RIAA deemed that the Pioneer Inno XM receiver was actually a form of copyright infringement. The device can record up to 50 hours of XM content in either MP3 or WMA format.
In its suit, the RIAA is seeking $150,000 in monetary damages for every song copied by XM subscribers. That number could easily be up in the hundreds of millions, but XM "alleged the RIAA was just using the lawsuit as leverage" in the deal.
Source:
betanews
