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    Wednesday, April 21, 2004

    Music Labels, VCs Meet in Court


    Reuters is reporting that music labels and publishers are set to face Bertelsmann AG in court next week over claims that investments in Napster cost the industry over $17B in lost sales. Hummer Winblad has also been sued by the industry over its VC investments in Napster.
    posted on Wednesday, April 21, 2004

    Related companies:
    DMX Music

    Related stories:
    > Slacker Inks Deals With Music Labels
    > eMusic Relaunches Service
    > mTraks Launches Music Community
    > Napster Hits England
    > MySpace Partners With SNOCAP For Music Sales

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