April 7, 2001 |
Online music provider MP3.com must pay about $300,000 to independent music label Tee Vee Toons for copyright infringement, a federal jury ruled, falling far short of Tee Vee Toons' bid for $8.5 million. Executives of MP3.com, which has paid out $130 million in copyright battles with record labels in the last year, said the modest verdict should deter other copyright holders from suing the online music provider.
April 3, 2001 |
As Congress begins to probe the most contentious areas within the debate over digital music, one place to look is the record companies' bank accounts. AOL Time Warner, Bertelsmann, EMI and Sony received an estimated $80 million in settlements from Internet company MP3.com between June and August, but none has shared the money with their recording artists, sources said.
March 7, 2001 |
Online music provider MP3.com Inc. willfully infringed copyrights belonging to record label Tee Vee Toons, a federal judge said on Monday in a ruling that also may limit how much the label can recover in an upcoming trial. Tee Vee Toons claims in a federal lawsuit that MP3.com infringed more than 1,000 copyrighted songs belonging to its TVT label. The case is scheduled to go to trial March 26. U.S. District Judge Jed Rakoff said MP3.
February 1, 2001 |
Having settled its legal troubles, online music firm MP3.com Inc. on Wednesday reported strong fourth-quarter sales growth and a loss that was far smaller than expected. The once-controversial online music company, which expects to be profitable by the end of this year, posted a net loss of $3.1 million, or 5 cents a share, for the three months ended Dec. 31. That is a marked improvement from a year earlier, when it lost $10.6 million, or 17 cents a share.
December 22, 2000 |
MP3.com Inc. agreed to market and promote Time Warner Inc.'s Warner Music Group videos and recordings on its Web site. The company has a two-year, nonexclusive North American music video license and a three-year, nonexclusive marketing and promotion agreement with Warner Music, a spokesman said. Financial terms of the agreements weren't released. MP3.com will provide various services to Warner Music, including artist pages and e-mail, to market and promote artists.
December 20, 2000 |
Online music company EMusic.com Inc. and five independent record labels filed a copyright infringement lawsuit Tuesday against financially struggling MP3.com Inc., which had just settled nearly identical complaints from the five major record labels last month. The suit, filed in U.S. District Court in New York, alleges that MP3.com infringed the digital rights of an unknown number of EMusic's library of 13,000 albums with its My.MP3.com service.
December 7, 2000 |
A New York federal judge dismissed a lawsuit against online music firm MP3.com Inc. and four major record labels, saying the musicians seeking online royalties do not own the digital rights to these songs. The suit--filed in U.S. District Court by the Chambers Brothers, the Coasters and the Original Drifters--claimed that MP3.com, Time Warner Inc. and units of Seagram Co., Bertelsmann and Sony Corp. did not have the right to transmit their tunes over the Net.
December 6, 2000 |
MP3.com Inc. relaunched its online music locker service Tuesday with a twist: a $50-per-year fee for consumers who want to store and play more than a few dozen CDs. The fee reflects the legal drubbing that San Diego-based MP3.com took this year after it briefly offered the My.MP3.com locker service without licenses from the record labels or music publishers. The new version is licensed by the five major labels and music publishers, which will collect small sums from MP3.
November 29, 2000 |
MP3.com has signed a licensing deal with David Bowie for the right to stream his music catalog over the Web, tying up a legal loose end stemming from the company's embattled online music-locker service. Bowie is represented by EMI Group-owned Virgin Records but owns the copyrights on some of his master recordings. This makes him one of a handful of major artists not covered by previous settlements worked out with major record labels over the streaming service, dubbed My.MP3.com. MP3.
November 18, 2000 |
Online search engine MP3Board.com Inc. has joined the crowd of technology companies trying to grab the assets of the now-defunct firm Scour Inc. While MP3Board did not say how much it plans to bid, it did disclose in a court filing that it only wants Scour's file-sharing technology, known as Scour Exchange. The Napster-like technology--at the heart of pending legal action--allowed consumers to copy and swap digitized versions of songs, movies, photographs and other multimedia files.