The Internet Archive and the major labels have settled a $621 million lawsuit over the IA's efforts to preserve 78 rpm records., Universal Music Group , Sony Music and other record labels told a California federal court on Monday that they have settled a copyright lawsuit against the nonprofit Internet Archive over its , The Internet Archive has reached a settlement with a coalition of music publishers in a lawsuit concerning its Great 78 Project. The initiative aimed to preserve early music recordings captured on fragile shellac records. This legal battle had pitted the Internet Archive against some of the industry's major players, including UMG Recordings, Capitol Records, and…, As noted in the recent court filings in UMG Recordings, Inc. v. Internet Archive, both parties have advised the Court that the matter has been settled. The parties have reached a confidential resolution of all claims and will have no further public comment on this matter., The Internet Archive and the record labels have reached a settlement. Last year, the Archive lost an appeal in its ebook lending case, and now it has settled the lawsuit over its Great 78 Project:, .