Universal Music Russia is suing Akado, a Moscow-based local cable TV and internet provider, for alleged unpaid licence fees. The two companies forged an agreement last year with a view to launching an online music service, which Akado later shelved as a result of the financial downturn. Dmitry Konnov, general director of Universal Music Russia, says that “we are negotiating with Akado a goodwill agreement or out of court settlement” while a spokesperson for Akado says that while some Universal music was online for a short time before the project was cancelled and negotiations are indeed underway, “we consider it unfair to pay any fees that don’t correspond with actual sales of Universal’s content”.
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