WMG And AnywhereCD Agree To Disagree
June 7, 2007 at 5:47 AM (PT)
WARNER MUSIC GROUP and ANYWHERECD have settled their dispute regarding the scope of their agreement and will be dismissing their respective lawsuits (NET NEWS 4/13).
In a statement released by ANYWHERECD, the company wrote, "In the course of settlement discussions, it became clear that the parties had differences as to both the scope of their agreement and the direction of the business model. As a result, the parties mutually agreed to an early termination of their current relationship as of SEPTEMBER 30, 2007, until which time ANYWHERECD will continue to sell WMG content as bundles of shipped physical CDs with immediately available corresponding downloadable MP3 albums."