MP�.com to pay up how much?

Freddie | 18:24 Wed 27th Dec 2000 | News

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How much money in damages has MP3.com been ordered to pay Universal music for breech of copyright?

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Leah

MP3.com will pay Seagram's Universal Music Group $53.4m to close a copyright infringement case, ending the Internet music company''s clash with the record industry. The penalty is thought to be the largest statutory infringement award in US history. Universal also secured the rights to buy just under 5 per cent of the company for $250,000.

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