Cumulus Strikes Deal In Aldav Web Radio Patent Suit

Law360, New York (March 15, 2010, 12:01 PM EDT) -- Cumulus Media Inc. has become the latest radio heavyweight to agree to a settlement in a suit brought by Aldav LLC that accused broadcast media companies Clear Channel Communications Inc., CBS Radio Inc. and others of infringing a patent related to Internet radio technology.

In a joint motion to dismiss lodged Friday in the U.S. District Court for the Eastern District of Texas, Cumulus and Aldav asked the court to sign off on the release of claims and counterclaims between them pursuant to an undisclosed settlement...
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