Eminem. Photo: Imagine Entertainment
The dispute was over money, and like most civil cases, this one was settled out of court.
After five days of trial in a Detroit federal courthouse, Apple (AAPL) and Eminem's publisher, Eight Mile Style, came to an agreement Thursday night that neither side wants to talk about, according to the Detroit Free Press.
At issue were royalties on 93 songs that Apple has been selling on its iTunes music store under an agreement with Dr. Dre's Aftermath Records, which controls the rapper's sound recordings.
As Eminem's music publisher, Eight Mile Style had claimed copyright infringement. It was seeking to recover $2.58 million -- its estimate of how much Apple has earned from sales of the music -- as well as damages, which it set at $150,000 per infringement, or nearly $14 million.
Eminem, whose real name is Marshall Mathers III, was not officially party to the suit and did not appear in court. More
Photo: Aftermath Records
[UPDATE: The trial has begun. See below.]
Barring a last-minute settlement, Apple will face Eminem's music publisher in a Detroit courtroom this morning.
At issue are royalties on 93 songs that Apple (AAPL) has been selling on its iTunes music store under an agreement with Dr. Dre's Aftermath Records, which controls the rapper's sound recordings.
Eight Mile Style LLC, Eminem's music publisher, claims copyright infringement and is seeking to recover MORE
Philip Elmer-DeWitt - Sep 24, 2009 10:43 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
.
