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EMI and XM Satellite Radio reach settlement

Settlement between music label and satellite radio service marks the latest such agreement since several major labels filed suit in 2006 regarding the Pioneer Inno handheld.

The Pioneer Inno Pioneer

EMI Group is the latest major music label to reach a settlement with XM Satellite Radio over the Pioneer Inno device, the companies announced Tuesday.

EMI, one of several music labels that filed a copyright infringement lawsuit against XM in May 2006, is withdrawing from the complaint. Terms of the settlement were not disclosed.

The initial lawsuit stems from XM's Pioneer Inno, which has the capability to record and store music delivered over satellite radio. EMI, along with other major music labels, had contended that the device could violate their copyrights.

With the settlement, EMI is joining Universal Music Group and Warner Music Group, which in December also reached a settlement with XM. Last February, Sony BMG and XM also settled.