HOLLYWOOD - Pop queen Britney Spears is not engaged to 'N Sync's Justin Timberlake, according to her record label, Jive Records. The BBC reported Friday that Jive declined the rumor: "These rumors have been around for a number of weeks, and began when they were seen to be wearing matching diamond rings. They have already said that they bought the rings purely as a mark of 'friendship.'"
In other Britney news, music-file-swapping service MP3.com has settled a legal dispute with Zomba records--the independent record label associated with both Spears and the Backstreet Boys--achieving a licensing deal to provide online songs by both artists.
The terms of the deal have not been disclosed, the BBC reports.