Warner Music Group Corp. said Thursday it dropped a copyright infringement lawsuit against the social networking Web site imeem and agreed to license its music and video content to the site for a slice of its ad revenue. Under the agreement, imeem can carry music and videos from all of the record company's artists, who include Madonna, Linkin Park and Red Hot Chili Peppers.
July 13, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Warner Music Group Corp. said Thursday it dropped a copyright infringement lawsuit against the social networking Web site imeem and agreed to license its music and video content to the site for a slice of its ad revenue.
Financial details of the deal were not disclosed.
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