MP3.com gains on settlement; millions download music

 

latest developments

MP3.com's settlements with Warner Music and BMG are the latest round in an ongoing battle between the record labels and scrappy tech start-ups. As millions of Net users go online to download music, the labels are trying to embrace the digital delivery of their song libraries while ensuring copyright protections.

MP3.com settles with Warner Music, BMG update The Net music site settles a copyright infringement lawsuit with two of the "Big Five" record labels, causing its stock to rise. 13 million Americans download free music If you've downloaded tunes off the Net without paying a dime, a new study indicates you are not alone. BMG inks licensing deal with Net music start-up Bertelsmann's music division says it has licensed its music catalog to online music storage firm Musicbank. previous coverage MP3.com revives database service with music giveaway The company is bolstering its embattled My.MP3.com feature with free licensed recordings in the wake of a court ruling that found the service infringes on thousands of copyrighted songs. MP3.com bows to record industry pressure The online music company offers an olive branch to the record industry, agreeing to remove all major-label content from its controversial My.MP3.com service. MP3.com loses legal battle to RIAA update The record industry wins a key victory in its legal battle against MP3.com, as a federal judge says the Internet company violated industry copyrights.