RIAA, Technicolor settle suit over piracy

Videotape maker must pay org $2.3 mil

By JUSTIN OPPELAAR

Rosen

The Recording Industry Assn. of American has settled a copyright infringement case with CD, DVD and videotape manufacturer Technicolor that accused the company of producing bootlegged discs containing music owned by RIAA members.

Settlement calls for Technicolor to pay the RIAA and its members $2.3 million to compensate for the loss of revenues inflicted by any pirated discs. Part of the money paid out will go to the trade org's Music Coalition -- a publicity campaign aimed at preventing piracy.

"Along with our other anti-piracy efforts, this settlement should remind everyone that the music industry is serious about respecting the rights of artists, record labels and other creators," said RIAA chief exec Hilary Rosen.