The Associated Press and Meltwater, news aggregator, have settled their copyright suit and agreed to join forces to create new revenues sold through Meltwater’s sales network.

AP had charged Meltwater with copying a “substantial infringing excerpts” and distributing that material to its corporate subscriber base.  On July 29, both parties resolved all pending disputes resulting from the AP suit filed against Meltwater in Feb. 2012, claiming copyright infringement, including all appeals.

Jorn Lyseggen, Meltwater CEO, said in a statement: “There is more to be gained by working together to develop new markets and reaching new customers than can be achieved through adversarial paths and we are eager to forge a strong relationship with AP.”

Gary Pruitt, chief of AP looks forward to “partnering with Meltwater in a positive and constructive relationship.”