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Indie label wins MP3.com suit

The U.S. District Court of the Southern District of New York has ruled in favor of TVT Records, an independent U.S. record label, in a copyright infringement lawsuit against online music company MP3.com. Judge Jed Rakoff ordered that TVT Records "may recover statutory damages for infringements of both the composition and the recording" of songs. Rakoff set a court date for March 26 to determine the amount to be awarded the label. The ruling stems from alleged copyright infringement by My.MP3.com, a music locker service created by MP3.com last year to give CD buyers access to their tunes via the Web. The company paid nearly $150 million to five major record labels, which sued it over the service. TVT Records, which is home to musicians such as Nine Inch Nails and Snoop Dogg, filed a similar suit. The independent label also filed a copyright-infringement lawsuit against file-swapping service Napster, but it dropped the case in January.

    The U.S. District Court of the Southern District of New York has ruled in favor of TVT Records, an independent U.S. record label, in a copyright infringement lawsuit against online music company MP3.com. Judge Jed Rakoff ordered that TVT Records "may recover statutory damages for infringements of both the composition and the recording" of songs. Rakoff set a court date for March 26 to determine the amount to be awarded the label.

    The ruling stems from alleged copyright infringement by My.MP3.com, a music locker service created by MP3.com last year to give CD buyers access to their tunes via the Web. The company paid nearly $150 million to five major record labels, which sued it over the service. TVT Records, which is home to musicians such as Nine Inch Nails and Snoop Dogg, filed a similar suit. The independent label also filed a copyright-infringement lawsuit against file-swapping service Napster, but it dropped the case in January.