November 15, 2000 pays $53.4 million to end copyright suit

Author: JT Smith

CNet reports that has agreed to pay $53.4 million to end its copyright infringement suit
with Seagram's Universal Music Group "in a deal approved by a federal judge just minutes before a
scheduled trial to assess damages in the case. The accord means that has mended fences with all five of the major record labels over its music
storage locker service." More from
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