Universal Music Settles Copyright Case With Video Site
The recording label announced in a joint statement with Bolt Inc. Thursday that it had reached an out-of-court settlement over the Web site’s alleged unauthorized use of copyrighted music and video content.
UMG Chairman and CEO Doug Morris said the company was pleased it had resolved the litigation in an amicable fashion, and that Bolt had recognized the labels “rights under law.”
The exact amount was...
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