Former rebel MP3 file-swapping firm Napster has settled a lawsuit with music publishers and songwriters.
The company will pay £17.8m ($26m) to music publishers, plus a third of royalties owing to content owners for its licensed, paid-for subscription service scheduled to launch later in the year. Under the licence deal, Napster will pay £6.85m ($10m) up front.
Monday's settlement still has to be ratified by directors of the National Music Publishers Association and by US District Judge Marilyn Patel, who shut down Napster's free service earlier this year.
Songwriter George Weiss, president of the Songwriters' Guild of America, said: "This settlement, which only a few weeks ago seemed a near impossibility, will hopefully lead to immediate and unprecedented growth in the licensed use of music on the internet."
However, Napster has still to reach an accord with the more powerful Recording Industry Association of America, which represents US record labels.
Whether settling with Napster will much reduce the unauthorised distribution of material through peer-to-peer networks is another matter.
According to recent research from Webnoize, a combined 3.05 billion files were exchanged over file sharing systems FastTrack, Audiogalaz, IMesh and Gnutella in August alone. This is some 250 million more than the 2.79 billion traded over Napster at its February peak, when it dominated the sector.
Climate change likely forced inhabitants of Indus Valley civilisation to resettle in the Himalayan foothills
Shift in weather patterns made agriculture almost impossible in the Indus Valley region
Researchers claim that the magnetic properties of a thin-film material can be controlled by applying a small voltage
Dubbed Antlia 2, the ghost galaxy sits just 130,000 light-years away from the Milky Way
Delays to the roll-out of age verification for adult websites hasn't stopped government from considering extending them to more websites