Sony Settles Piracy Lawsuit With Russia’s Facebook

photo: TorrentFreak

Sony Music Entertainment has settled its lawsuit against Russian social networking site Vkontakte, which it accused of facilitating mass-piracy. No further details of the agreement were revealed, but according to sources the social network will soon start to monetize its own music service. […] The case is still ongoing, but as of this week Sony Music has dropped out. According to a local report Sony and VK signed a confidential settlement agreement to resolve the dispute. – Ernesto, TorrentFreak