Brief: Hyrican Ends Legal Dispute With Collecting Societies Through Settlement

Hyrican Informationssysteme AG

30/12/2020 09:36

Dec 30 (Reuters) - HYRICAN INFORMATIONSSYSTEME AG  HYIG.F :
    * TODAY, HYRICAN ENDED LEGAL DISPUTE WITH COLLECTING
SOCIETIES (VG
WORT AND VG BILD-KUNST) IN RELATION TO COPYRIGHT LEVIES ON PCS
FOR THE YEARS 2001-2007 THROUGH A SETTLEMENT
    * THE PARTIES HAVE AGREED TO CONFIDENTIALITY
    * THE COMPANY WILL PAY THE COLLECTING SOCIETIES AN AMOUNT IN
THE
LOW SINGLE-DIGIT MILLION EURO RANGE

Source text for Eikon:  ID:nEQ9Cy574a 
Further company coverage:  HYIG.F 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))