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TVT Records Victorious Over MP3.com
In more MP3 court news, independent label TVT Records (home to Nine Inch Nails) recently came out victorious with its legal win against MP3.com. U.S. District Judge Jed S. Rakoff granted TVT a partial summary judgment, affirming the label's musical copyrights were willfully infringed by MP3's digital music locker service, My.MP3.com.
This case could cost MP3.com up to $150,000 in statutory damages for each of TVT's copyrighted works that were willfully infringed. But the judge added that the popular MP3 portal site cannot be held liable for statutory damages on TVT copyrights that were not registered with the U.S. Copyright Office until after they were used on My.MP3.
The five major record labels all settled with the company, receiving cash payments in return for granting licenses to the My.MP3 service. Four of the majors received a lump sum reported at $20 million each, but Universal Music, which held out longer, received more than $50 million. If you add everything up, MP3.com has paid out nearly $170 million.
User Comments
(These do not necessarily reflect the beliefs of this site)
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mattyc99
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Date: March 7, 2001 @ 9:16 AM
Talk about "theft." This is the kind of crap that makes me want to jump on Napster and download every song ever recorded.
-Matt |
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Anonymous
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Date: March 7, 2001 @ 9:56 AM
MP3.com has all this money? How? (people from DMusic, please explain me how do you MP3 sites get all this money!!! :-) |
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Anonymous
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Date: March 7, 2001 @ 10:23 AM
MP3.com is a publically traded company. Feel free to read their financials as they are public. |
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Anonymous
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Date: March 7, 2001 @ 1:46 PM
ahh i can't take this anymore... why are mp3 programs/sites all losing in court?! ah!! this sux |
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halo99
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Date: March 7, 2001 @ 4:21 PM
Nine Inch Nails has not been under TVT Records for almost 8 years now...they are under Nothing Records and Interscope.
TVT just adds NIN being there to make them look better :) |
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superpimp
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Date: March 7, 2001 @ 10:28 PM
head like a hole
black as your soul
i'd rather die
than give you control |
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