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ExtraTorrent.cc > Articles > Music Group Settled In-Flight Music Lawsuit

Music Group Settled In-Flight Music Lawsuit

Music Group Settled In-Flight Music Lawsuit

Added: Thursday, August 18th, 2016
Category: Recent Headlines Involving File Sharing > Ridiculous Criminal Trials
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2016
Universal Music Group has settled a long-lasting lawsuit with an in-flight entertainment provider Global Eagle for more than $30m. The case was filed two years ago, accusing Global Eagle of willful infringement of thousands of artists' songs including those from Taylor Swift and Lady Gaga. The in-flight entertainment provider was found liable by a US Court in April 2016, but promised an appeal. Now it seems to have changed its mind, as the case has already been settled.

Global Eagle Entertainment provided the latest Hollywood blockbusters and independent films on board, along with a wide range of audio entertainment. For some reason, Global Eagle did not enter into licensing agreement with the record labels. Instead, its subsidiary created its own packages by buying music and copying it to hard drives, which were shipped out to the airlines. As a result, Universal Music filed a lawsuit against both companies for reproducing, distributing and publicly performing music tracks without permission, claiming infringement on more than 4,500 sound recordings in total.

This April, UMG won its case, and a trial to determine damages was scheduled for May 2016: Global Eagle faced paying out up to $675m and promised to file an appeal. But now it appears that agreement has been reached between the parties: the lawsuit will be dismissed with prejudice and the parties will reach a licensing deal within 60 days to allow Global Eagle to continue using UMG content. Global Eagle must also immediately pay the music group $15m in cash and issue the company common stock worth around $12.2m. In addition, the defendant must also pay UMG a further $5m and potentially hand over yet more stock by the end of March 31, 2017, which totals to a potential $30m+ payout.

Thanks to TorrentFreak for providing the source of the article.


Posted by: 
SaM

Date:  Thursday, August 18th, 2016



Comments (1) (please add your comment »)

1
posted by (2016-08-19 01:32:19)
No avatarI don't know how to feel about this. They didn't pay UMG and UMG got their moneies.



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