Report: “Internet Archive vs. Music Labels: $600m+ Copyright Rift Edges Toward Settlement”

From Torrent Freak:

The Internet Archive’s ‘Great 78 Project’ digitizes historical recordings to preserve musical heritage, but in 2023 the initiative led to major record labels filing a copyright lawsuit. The financial stakes soared last month when the labels proposed to update their claim to $693 million in statutory damages. A recent filing suggests that due to significant progress in settlement discussions, it may not come to that.

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In a joint filing, the parties asked the court to pause the lawsuit for thirty days so they can work on finalizing a deal. No terms are mentioned, but a resolution outside of court seems realistic.

Specifically, IA and the music labels state that they have “made significant progress in settlement discussions” and are “optimistic that settlement discussions may be successful and that this case can be dismissed.

Direct to Full Text Report (about 600 words) + Links to Filings

Direct to The Great 78 Project

Filed under: News