A settlement has been reached in a lawsuit where music publishers sued the Internet Archive over the Great 78 Project, an effort to preserve early music recordings that only exist on brittle shellac records. No details of the settlement have so far been released, but a court filing on Monday confirmed that the Internet Archive and UMG Recordings, Capitol Records, Sony Music Entertainment, and other record labels "have settled this matter." For IA—which strove to digitize 3 million recordings to help historians document recording history—the lawsuit from music publishers could have meant financial ruin. Initially, record labels alleged that damages amounted to $400 million, claiming they lost streams when IA visitors played Great 78 recordings. In a court filing, the labels added so many more infringing works that the estimated damages increased to $700 million.