According to the Media Guardian site (can't link directly as you have to sign in):
"Coca-Cola has avoided potential litigation by reaching an agreement with a London-based band over the use of a video clip and music that resembled the group's song, Ninja.
The agreement covers a payment to the band, called Seven Seconds of Love, with a portion of the money going to two charities - baby charity Tommy, and stillbirth society Sands.
Seven Seconds of Love is headed by Joel Veitch, more well-known for the cult website rathergood.com and his video of an animated cat bouncing around in a Ninja suit.
The band approached Coca-Cola after fans in South America contacted them to let them know about the TV and online campaign promoting Coca-Cola Light, which used a similar creative execution to Ninja's animation and music. The Ninja track was only available online.
The solicitors Olswang* brokered the agreement between the band and Coca-Cola Latin America.
"The band was in a strong position because it owns various forms of intellectual property for the Ninja song and video," said Michael Burdon, head of intellectual property and a partner at Olswang.
"This dispute clearly demonstrates the international nature of international property rights and enforcement. The band may never have known about the ad in Argentina if it had not been for the internet."
Seven Seconds of Love will be using the some of the money to help launch an EP that will feature the Ninja track.
In addition, Peter Jenner of Sincere Management, who has 40 years experience managing the likes of Pink Floyd, T.Rex, The Clash and Billy Bragg, has signed on as manager of the band."
Hurrah for the internet! (and the for steam-powered media nodes that picked up the story as well, to be fair, or I doubt Coke would have given a monkey's, but there we go, new media and old working in harmony, like when the homemade Stealth Viper took on that weird spidership while it was distracted by two different older spaceships on Battlestar Galactica in series two) An inside informant told me that one particular news studio had purchased a whole set of plush ninja kittens to (discreetly) show their support, so they'll be pleased. A good day for lovers of S. K. A. music everywhere.
* hahahahhaha 'Olswang'