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Grooveshark's Copyright Settlement With Labels Cost It $50M

By Bill Donahue ( May 1, 2015, 2:55 PM EDT) -- The formal paperwork in Grooveshark's copyright settlement with the record labels was filed in New York federal court on Friday, and it revealed that the online music service agreed to pay $50 million to avoid the risk of a jury verdict that could have reached $736 million....

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