XM Settles Suit With EMI on Portable Music Player; Major Labels Out Of The Way (CBS News)

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XM Satellite Radio (NSDQ: XMSR) has settled a lawsuit brought by EMI against the firm over the Pioneer Inno digital media player, which has live recording capabilities. This is the last of the four major record labels to settle the suit filed in 2006, and the terms were not disclosed. XM said the case is not fully resolves yet, as some indie labels and music publishers still have to settle with ...

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