XM, Warner Music Group reach deal on Pioneer Inno


XM Satellite Radio and Warner Music Group have resolved the lawsuit brought by Warner Music Group against XM over its Pioneer Inno, a portable satellite radio with advanced recording features. WMG is the second music company to resolve its dispute with XM regarding radios with advanced recording functionality. A similar agreement between XM and Universal Music Group was announced 12/17. Both agreements are multi-year deals that cover current XM radios and future devices. WMG has withdrawn as a party to the complaint filed by the major record labels against XM in May 2006.