Feeds

MP3.com squares Universal with $53.4m payout

Anything for a quiet life

  • alert
  • submit to reddit

Application security programs and practises

MP3.com is to cough up $53.4 million to settle its copyright infringement case with Universal Music Group.

Record label giant Universal was upset because it claimed MP3.com had infringed 6,700 of its copyrighted CDs.

Today's settlement, though fierce, is still better than feared - the San-Diego-based company faced up to $167.5 million in damages. And at one point Universal was after $450 million from the online music-sharing service.

The trial to decide the number of infringements was due to start in New York this afternoon.

In September, Judge Jed Rakoff ordered MP3.com to pay $25,000 for every copyright infringement on CDs sold by Universal.

MP3.com has already settled out of court with music industry majors EMI, Sony, BMG and Warner. ®

Related Stories

MP3.com losses down two-thirds
MP3.com settles with Paul McCartney, NMPA
MP3.com launches email war on Congress
MP3.com bans hacker song
MP3.com seeks to placate Universal

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.