WMG And Bertelsmann Announce Napster Settlement
April 24, 2007 at 6:12 AM (PT)
WARNER MUSIC GROUP CORP. and BERTELSMANN AG have jointly announced a settlement of contingent claims held by WMG relating to BERTELSMANN’s relationship with NAPSTER in 2000-2001.
The settlement covers the resolution of the legal claims of WMG’s recorded music and music publishing businesses.
BERTELSMANN admits no liability in making this settlement.