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XM Radio Settles Copyright Suit with Universal Music

Universal Music Group and XM Satellite Radio Holdings Inc. said they have agreed to settle a copyright infringement lawsuit over a portable music player sold by the broadcaster that enables users to make digital copies of music. The deal calls for XM to pay Universal Music a fee for every device sold with the ability to make digital copies of individual tracks, a person familiar with the agreement said on condition of anonymity, citing the confidential nature of the matter.

  • Read the article: | Posted: 12/17/2007 05:25:00 PM | Permalink

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