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Zomba, MP3.com Settle Lawsuit

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Reuters

Zomba Records, the powerful independent record label that is home to the Backstreet Boys and Britney Spears, said Thursday that it had settled a copyright infringement lawsuit with online music company MP3.com Inc., a unit of Vivendi Universal.

“The parties have settled the litigation between them and resolved their differences to their mutual satisfaction and have entered into a licensing arrangement for the My.mp3 service,” Zomba said in a statement.

The terms were not disclosed.

The settlement with Zomba comes about a week after more than 50 music publishers and songwriters, including country artist Vince Gill’s publishing companies, filed yet another lawsuit against MP3.com.

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MP3.com said it was pleased the case with Zomba had been settled.

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