Los Angeles
– Project Playlist, the operator of a site that lets users create playlists
from streaming songs available online, has settled copyright infringement lawsuits
with major record labels Universal Music Group and Warner Music Group (NYSE: WMG), CNET
News.com reported. The labels had been unhappy with the fact that Playlist.com
let users aggregate streaming songs from unauthorized as well as licensed
sources.
"While it was unfortunate that legal action was necessary, we are
pleased to have resolved this litigation in an amicable manner," a
Universal spokesman told CNET.
While financial terms of the settlements were
not disclosed, Universal has reportedly agreed to license its songs for
streaming on Playlist.com.
The site already has deals in place with Sony Music
and EMI, the latter of which also sued but eventually settled with Project
Playlist.
Related Links:
http://news.cnet.com/8301-31001_3-20004738-261.html
http://snipurl.com/w6j2u
(DMW previous coverage)
