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Offical Info STATEMENT FROM 'NSYNC, BMG ENTERTAINMENT, TRANS CONTINENTAL AND THE ZOMBA GROUP

Thanks to the efforts of everyone involved in recent negotiations, multi-platinum group 'NSYNC and the Zomba Group have settled out of court with BMG Entertainment, Louis Pearlman and Pearlman's Trans Continental Group. All parties involved are extremely pleased with the speedy resolution of this matter. 'NSYNC will be able to build on the international success they have enjoyed with BMG and Trans Continental through a new worldwide recording contract with the Zomba Group's Jive Records. Although specifics of the settlement cannot be disclosed, 'NSYNC will enjoy the right to control their name. In addition, the Zomba Group has extended its distribution agreement with BMG for North America. 'NSYNC, Zomba, BMG and Trans Continental look forward to benefiting from the future success of 'NSYNC. There will be no further comment regarding this settlement. Home