Singapore Press Holdings Ltd (SPH) and Yahoo! Asia Pacific (formerly known as Yahoo! Southeast Asia Pte Ltd) have reached an amicable settlement in a copyright infringement suit, the two companies said on Monday.
Get the full story from The Straits Times.
Read the full joint media statement from SPH and Yahoo! Asia Pacific here:
Singapore Press Holdings Ltd ("SPH") and Yahoo! Asia Pacific Pte Ltd (formerly known as Yahoo! Southeast Asia Pte Ltd) ("Yahoo! Asia Pacific") have reached an amicable settlement of the copyright infringement suit commenced by SPH against Yahoo! Asia Pacific under Suit No. 831 of 2011/F and the counterclaim filed by Yahoo! Asia Pacific.
Under the settlement, Yahoo! Asia Pacific acknowledges that it has, in connection with its Yahoo! Singapore News site, reproduced content from SPH's newspapers without SPH's approval.
As publishers, Yahoo! companies strive to respect the intellectual property rights of others wherever they do business. The actions here by a small number of Yahoo! Asia Pacific employees are deeply regretted. The responsible employees have been disciplined or terminated.
Under the terms of settlement, Yahoo! Asia Pacific has paid damages and costs to SPH, and has also undertaken not to amongst other things knowingly or intentionally infringe SPH's copyrights.