Universal Looks To Settle MySpace Copyright Infringement Lawsuit
Doug Morris, CEO of Universal Music Group, the world’s largest music company, stated publicly that he expects to reach a settlement with MySpace, which the company sued for copyright infringement. Earlier this month, Universal, owned by French media giant Vivendi, filed a lawsuit against popular social networking site MySpace, owned by News Corp., for infringing the copyrights of thousands of artists’ works. In the...
Once Again, EMI Confirms Buyout Talks
EMI has confirmed via a public disclosure that it is in talks with, yet another, potential buyer. “EMI announces that it has, this morning, received a preliminary approach for the Company which may or may not lead to an offer being made for the Company,” the statement said. The disclosure follows certain regulatory requirements, though the company has declined to identity the suitor. Rumors are circling that the private...
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