Twentieth Century Fox and Virgin Entertainment Group have settled a legal dispute over alleged bill non-payment.

NEW YORK--Twentieth Century Fox and Virgin Entertainment Group have settled a legal dispute over alleged bill non-payment.

The move came March 2, only a day after Fox had filed a lawsuit against Virgin in Los Angeles Superior Court.

In its complaint, Fox alleged that Virgin did not pay $400,000 for shipments of Fox film DVDs and videocassettes that had been shipped since last October. The merchandise was to be sold through the Virgin Megastores retail outlets.

In a joint statement last Tuesday, the companies said they have "amicably resolved the issue and the lawsuit will be dismissed." Specific terms of the settlement weren't disclosed.

Questions? Comments? Let us know: @billboardbiz

Print