The Recording Industry Association of America (RIAA) and the Alliance of Artists and Recording Companies (AARC) formally dropped their lawsuit against Diamond Multimedia, the manufacturer of the controversial Rio portable MP3 player.
Last month, a federal appeals court ruled that the Rio is not in violation of anti-piracy laws, which no doubt contributed to the record industry's decision.
"The RIAA is pleased to bring a formal end to this legal process," said RIAA Senior Vice President and General Counsel, in a joint statement with AARC and Diamond Multimedia.
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