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August 21, 2009, 06:46 PM
A Manhattan federal appeals court ruled that a Yahoo Internet radio service is not required to pay fees to copyright holders of songs it plays, a defeat for Sony Corp.'s BMG Music . In a case closely watched by the recording industry, the U.S. 2nd Circuit Court of Appeals upheld a 2007 jury verdict that Launchcast, a Webcasting service run by Yahoo's Launch Media unit, did not give listeners ...