Friday, May 01, 2015

UMG v Grooveshark settled. No money judgment against individual defendants

UMG v. Escape Media, UMG's case against Grooveshark, has been settled just prior to trial.

Under the terms of the settlement a judgment for $50,000,000.00 will be entered against the corporation only, and the corporation will shut down its operations.

No money judgment is being entered against the individual defendants.

Stipulation and Consent Judgment and Permanent Injunction Entered May 1, 2015