UMG Settles With FBT Productions in Landmark Eminem Digital Revenues Lawsuit

From Billboard:

Digital income. It’s a topic that continues to cause fits in the music industry, and if there’s one big moment when record companies probably realized that a new day had dawned in their business, it was September 3, 2010, the day the 9th Circuit Court of Appeals handed down a huge decision in a path-breaking case involving the music of hip-hop superstar Eminem.

Two years after that appellate ruling, many other musicians have since brought claims over digital income.

Now, the case has settled. On Monday, FBT Productions and Universal Music Group informed a California federal court a resolution had been reached, putting to rest a dispute that has been closely followed throughout the industry.

Continue reading the rest of the story on Billboard