Summary:

Bertelsmann settled the fourth and (and what it hopes will be the final) lawsuit related to Napster from 2000. The National Music Publishers…

Bertelsmann settled the fourth and (and what it hopes will be the final) lawsuit related to Napster from 2000. The National Music Publishers Association will get $130 million, making it the highest Bertelsmann/Napster payout yet (the others included Universal Music for $60 million, Warner Music at $110 million, and EMI for an amount thought to be close to $100 million). The labels had alleged Bertelsmann was aiding copyright infringement through its investment in the music downloading service; Bertelsmann denies the claims and said it was trying to help Napster establish a legit service (which it now is). The FT notes that the total amount of settlements paid by Bertelsmann now totals around $400 million, $200 million more in costs than the company had originally projected. It reports its half-year results on Tuesday (September 3).

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