Universal Music Settles Copyright Suit with Bolt

Vivendi SA unit Universal Music Group and Bolt Inc. said they reached an out-of-court, multimillion dollar settlement resolving UMG's suit, which claimed Bolt let users share music videos and other copyrighted material without permission. Bolt also agreed to introduce filters within the next 60 days to prevent its users from posting UMG artists' music and videos on Bolt.com without payment and consent.

  • Read the article: SiliconValley.com