The Internet Archive has reached a confidential settlement with Universal Music Group and other major labels, “ending a closely watched copyright battle over the nonprofit’s effort to digitize and stream historic recordings,” reports the San Francisco Chronicle. From the report: The case (PDF), UMG Recordings, Inc. v. Internet Archive, targeted the Archive’s Great 78 Project, an initiative to digitize more than 400,000 fragile shellac records from the early 20th century….

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