Back in 2008, UK-based i-CD Publishing sued Albert Popkov, founder of Russia’s leading social network company Odnoklassniki.ru and the company for copyright infringement and breach of contract. Odnoklassniki.ru founder worked for i-CD Publishing before launching the social network.
i-CD Publishing has reached a cash settlement with Albert Popkov and Odnoklassniki.ru, reported newspaper Vedomosti. The amount of settlement is not disclosed but said to be “not too considerable sum”.
Launched in March 2006, Odnoklassniki.ru (Classmates in Russian) had a monthly reach of 13.1 million in Russia in September 2009, according to TNS Web Index. Albert Pokov and his wife own a 43% stake in Odnoklassniki.ru. DST and its affiliates own a majority stake in Odnoklassniki.ru.