September 25, 2001

Napster sings a new tune

Author: JT Smith

CBSNews: "Edging closer to legitimacy,
Napster Inc. on Monday tentatively
settled a lawsuit filed by music
publishers and struck a deal that could
lead to legal and fee-based song
distribution online.

Under the proposed settlement with the
National Music Publishers' Association,
Napster will pay $26 million for past
unauthorized use of music and $10 million down payment on future royalties."

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