MacRumors.com

As a followup to a report from 2006, Apple and Burst.com have settled their patent dispute for $10 million dollars.

Burst.com sued Apple over patent claims involving "the delivery of music or video over the Internet 'faster than real-time.'" This involves the technology involved in streaming and delivering video and audio content on the internet as Apple does with iTunes and Quicktime streaming software.

In the settlement, Apple will pay Burst.com a one-time $10 million license fee for its current patent portfolio. Meanwhile, Burst has one existing and three pending DVR patents that do not fall within this agreement. However, the press release explicitly states that Burst will not sue Apple in the future over these DVR technology patents.