Kazaa buys off NMPA
p2pnet.net News:- Having reached agreement with the corporate music industry, Australia’s Sharman Networks, owner of Kazaa, the p2p application that almost single-handedly introduced spyware to the Net and which figures prominently in the RIAA sue ‘em all file sharing cases, has reached a “tentative deal” with the National Music Publishers’ Association, says the NMPA.
“The settlement, reached after months of negotiations, is subject to final approval of the formal agreement by the board of the National Music Publishers’ Association (NMPA), which sponsored the litigation on the publishers’ behalf, the representative class plaintiffs and the court,” it states.
“Under the terms of the settlement, Kazaa has agreed to pay a substantial sum to compensate music publishers and songwriters for the infringement of musical works on the Kazaa network.”
This brings to an end the music publishers’ class suit against Kazaa, observes The Register, adding:
“And it leaves Kazaa free to resume its latest incarnation as yet another lossmaking legit music service.”
Also See:
NMPA – Music Publishers reach proposed settlement with Kazaa, October 30, 2006
The Register – Kazaa pays off the music publishers, November 1, 2006
p2pnet newsfeeds for your site.
rss feed: http://p2pnet.net/p2p.rss
Mobile – http://p2pnet.net/index-wml.php
November 1st, 2006 at 2:29 pm
“Under the terms of the settlement, Kazaa has agreed to pay a substantial sum to compensate music publishers and songwriters for the infringement of musical works on the Kazaa network.”
Songwriters beware. Just as your were not consulted or notified that this process was taking place, you may never see a cent of this money.
November 1st, 2006 at 3:05 pm
Songwriters beware. Just as your were not consulted or notified that this process was taking place, you WILL never see a cent of this money. GUARANTEED.
fixed it
November 1st, 2006 at 3:32 pm
That’s not true, the music cartel will bump the money from continent to contnent, stripping off their “take” each time, until there is isn’t much left. Then it’ll sit in a holding account cause they can’t find the artisits.