CNet reports that MP3.com 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 MP3.com has mended fences with all five of the major record labels over its My.MP3.com music
storage locker service." More from Wired.com.
November 15, 2000