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MP3.com hit with major fine

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MP3.com hit with major fine

A federal judge ruled that MP3.com knowingly violated copyrights of Seagram’s Universal Music Group. MP3.com says it will appeal the ruling that could cost the company more than $100 million, far more than it paid the other music publishers it previously settled with. In a related story, Yahoo says it has agreed to terms and conditions set by the Recording Industry Association of America for streaming music on its network.

For more information, read mercurycenter.com or foxnews.com. To read the Yahoo story, go to news.com.

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