WMG, Bertelsmann Settle Napster Suit For $110 Million
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EMI settled its Napster suit with Bertelsmann last month; now it’s Warner Music Group’s turn. WMG gets $110 million (for some obscure reason, that’s not in the terse release, only the SEC filing) while Bertelsmann avoids admitting liability. The EMI payoff wasn’t released; Universal got $61 million last year.
Apr 24, 2007 12:12 PM ET
Posted In: Entertainment, Music, Legal
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