Courtney Love, Universal Settle Legal Dispute

Reuters reports and Universal Music Group on Monday settled a long-running lawsuit with both sides claiming victory in a dispute that highlighted the battle between musicians and record labels over artists’ contracts. Financial details of the settlement were not disclosed, but Universal Music Group, the world’s No. 1 record company and part of Vivendi Universal, waived rights to Love’s future records — a key concession sought by the singer.

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