November 15, 2000 13:58

I WANT MY MP3!

Universal strike a deal with the site and describe it as "a tremendous opportunity" to deliver music digitally...

I WANT MY MP3!
The UNIVERSAL MUSIC GROUP (UMG) have struck a distribution deal with MP3.COM, following a court ruling the website should pay US$53.4 million in statutory damages and attorneys fees to the music giant.

In January this year, UMG, along with five other major labels, filed a suit claiming copyright infringement against the website. MP3.COM provide users with the facility to listen to music in streaming MP3 format provided they'd previously inserted a copy of the record into their computer as a way of proving ownership.

According to a report on www.mp3.com
the case has now ended, with US District Judge Jed Rakoff awarding $53.4 million in statutory damages and attorneys fees to Universal.

Speaking about the verdict, Zach Horowitz, President and Chief Operating Officer of UMG commented that it was never the company's intention to put MP3.com out of business, and said: "Universal Music pursued this case to send a strong message that copyrights will be protected and that copyright owners and artists need to be properly compensated for use of their work."

Following the announcement, Universal revealed that it has agreed a US distribution deal with MP3.COM, allowing non-exclusive distribution of Universal material via MP3.COM.

Michael Robertson, Chairman and CEO of MP3.com described it as "a tremendous opportunity" to deliver music digitally, and added: "As we move ahead, this provides clear evidence that the needs of rights holders and music fans can be accommodated in the digital music space. The marketplace that has served artists and consumers for so long will continue to thrive in the era of the Internet."

Universal are the final major label to reach an agreement with MP3.COM. Deals were previously struck with Sony, EMI, BMG and Warner Brothers.

According to a report on www.sonicnet.com, it is expected that the site will be running with content from all five major label groups "within the next few weeks".

Read More On This Artist

Merchandise
More News
Courtney Love says production on Kurt Cobain biopic will begin in 'next 12 months'
Midweek chart update: La Roux narrowly behind Ed Sheeran in race for Number One
Lana Del Rey says 'Fucked My Way To The Top' song is commentary on public perception of...
Metallica's Lars Ulrich says Noel Gallagher inspired him to quit cocaine
Kasabian's Serge Pizzorno and comedian Noel Fielding tease 'Wu-Tang Clan' live shows
Ian Watkins loses appeal for reduced jail term; judges cite 'shocking depravity' of crimes
The Gaslight Anthem warn fans that new album 'Get Hurt' is 'completely...
Manic Street Preachers' Nicky Wire on Russell Brand's politics: 'Voting should be...
Former Lostprophets members thank fans for 'sticking with us' at first gig as No Devotion
Peaches Geldof died of heroin overdose, inquest hears
Slowdive announce two further reunion dates
James Murphy to score new Noah Baumbach film 'While We're Young'
Lostprophets' Ian Watkins to have jail term appeal considered
SBTRKT announces new album 'Wonder Where We Land' – hear first track now
Post-punkers The Pop Group announce first ever UK tour
The Raveonettes release surprise new album 'Pe'Ahi'
Alt-J score short film 'Wander With Me' - watch
Kasabian explain 'random' on-screen words during Glastonbury performance
St Vincent on Kurt Cobain's death: 'The wound is still raw' – watch
Paul Weller: 'I don't give a fuck about bands getting back together' – watch
Rivers Cuomo hints at Weezer UK gig and says new album helps keep the format alive
Tulisa to discuss drugs trial in new television documentary

More News

Comments

Please login to add your comment.

Featured Videos
Latest Tickets - Booking Now
 
Know Your NME
  • Facebook
  • Twitter
  •  
  •  
  •  
  •  
 

 
NME Store & Framed Prints
Most Read News
Popular This Week
Inside NME.COM
On NME.COM Today