[jarrett]

Hypothetically, if I ever ran a business that accidentally infringed a copyright, I'd be happy to settle for £1500 (roughly $2350 as of today). Suppose my attorneys cost a meager $250/hour. In less than ten billable attorney hours, I've burned through the cost of the proposed settlement. In those ten hours, my attorneys probably haven't been able to make the problem go away. So now I'm out the amount of the settlement, and I still have to somehow resolve the original claim. I'd think it much better just to cut the check (after a 15-minute conversation with counsel, of course).

[sbarre]

In-house counsel (which I assume they have) is getting paid a salary regardless of whether or not they are busy, so I doubt there was a billable cost to deciding on their offer internally at Sky News..