Source: Reuters:
Sept 15 (Reuters) – (This September 15 story has been corrected to clarify that 78-rpm records are not vinyl, in the headline and paragraph 1.)
Universal Music Group (UMG.AS), opens new tab, Sony Music (6758.T), opens new tab and other record labels told a California federal court on Monday that they have settled a copyright lawsuit against the nonprofit Internet Archive over its digitization and streaming of vintage records.
The labels and the Internet Archive said in a filing, opens new tab that they had resolved their dispute and asked the court to pause the case “while the performance of certain settlement terms is pending.” Spokespeople for the Archive and the music-industry trade group Recording Industry Association of America said that the terms of the settlement were confidential.
Read more
