BlueBeat.com, the company that tried to sell "remastered" Beatles tracks online before they became officially available, has agreed to pay nearly $1 million to settle a lawsuit filed by three music labels. The move comes more than a year after a federal judge issued a restraining order and then an injunction against the company, and does not yet include any attorney's fees or other damages involved in the lawsuit.
The case dates back to 2009, before the (now infamous) Beatles remasters were actually authorized to be sold online. When BlueBeat and its parent company Media Rights Technologies (MRT) first posted the songs for only a quarter per track, it was widely believed there were some shenanigans going on, sparking the lawsuit from EMI, Capitol Records, and Virgin Records America.
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