Grooveshark and EMI Music Publishing licensing agreement confirmed

Grooveshark and EMI Music Publishing have signed a licensing agreement.

The news has been confirmed following the settlement of the latest lawsuit between the two parties, reported this morning.

A Grooveshark release states that the terms of the new agreement and settlement are confidential but that disputes have been resolved to 'mutual satisfaction'.

Grooveshark's CEO and co-founder Sam Tarantino said: "We're excited with this development.

"Grooveshark is taking the same steps YouTube did in its early evolution from a ...

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