Sirius S50 player

Sirius Satellite Radio has settled a dispute that threatened the rollout of its portable receivers, reaching an agreement with EMI, the last of the four major labels to come to terms with the company.

As with the deals Sirius reached last month with Sony BMG, Universal Music, and Warner Music, terms of the deal were not disclosed. But both companies said the deal addressed EMI's concerns over the device in question, the Sirius S50 player, which can record up to 50 hours of music beamed by Sirius.

Both companies declined to comment on the details of the settlement. As in the previous deals, Sirius will reportedly pay a per-unit fee for every S50 it sells.

"Sirius and EMI Music North America have resolved the issues specifically related to the S50," EMI spokeswoman Jeanne Meyer said in a statement. "Moving forward, the two companies are open to discussions to resolve issues relating to future products."

The dispute had threatened the rollout of the next-generation devices, which Sirius hopes will help dig into the huge lead of Apple's iPod line of portable players. By allowing the recording and storing of music, the labels said the compulsory license fees Sirius and its rival XM Radio pay to the labels for broadcasting music were no longer sufficient.

Sirius shares rose 12 cents, or 2.3 percent, to close at $5.32 yesterday on the Nasdaq, which is closed today for Good Friday.