writes "The largest Canadian copyright class action suit has been settled for $50 million. The offenders? The four labels comprising the Canadian Recording Industry Association — EMI, Sony Music, Universal Music, and Warner Music. Ahem."
The terms of the settlement are a compromise — anyone with works on the pending list can receive compensation while the music industry is absolved of further liability. The two major Canadian licensing agencies (CMRRA
) will be tasked with improving the licensing process to prevent future abuse.