Sony had accused Triller of failing to make timely payments, and the agreement comes months after a judge awarded a $4.6 million judgement against the social video app.
accusing it of showing “brazen contempt for the intellectual property rights” of its artists by ceasing to pay license fees for the use of the company’s songs on the social video app.
The deal was reached on July 21 after a federal judge overseeing the case sided with Sony on its breach of contract claim and ordered Triller to pay $4.6 million, according to a issued on Wednesday. The settlement includes an “agreed plan” for payment of the judgment on top of an additional undisclosed amount in exchange for dropping the remaining copyright infringement claim. Further terms of the deal weren’t disclosed.
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