SAN FRANCISCO EMI Group Plc and Bertelsmann AG
have reached a settlement on litigation stemming from the
German media company's investment in music file-sharing
software company Napster, the two companies said on Monday.
They did not release details of the agreement, which
settles one of the numerous lawsuits targeting Napster.
Bertelsmann admitted no liability as part of the settlement.
"We are pleased to have reached this agreement with
Bertelsmann," said Eric Nicoli, chief executive of EMI Group.
"We can now put this matter behind us and continue to pursue
the development of new legitimate digital music business
The lawsuit stems from Bertelsmann's decision in 2000 to
invest in Napster after the once wildly popular site was
crippled by lawsuits seeking to shut down the network, which
music companies accused of enabling users to steal music.