Universal Sues Bolt & Grouper For Violating Copyrights
Universal Music Group is suing the operators of two video-sharing websites Bolt and Grouper, claiming they illegally let users share music videos and other copyright material without permission. Universal Music, the world’s largest recording company, filed separate lawsuits against Grouper Networks Inc., operator of Grouper.com, and Bolt Inc., which runs Bolt.com. Sony Corp.’s Sony Pictures Entertainment acquired Grouper...
RIAA Releases Mid-Year Sales Numbers – 6.1% Decline From Last Year
The Recording Industry Association of America (RIAA) announced its mid-year shipment data for the first half of 2006. The overall estimated retail value of the industry, when shipments of physical products to various outlets are combined with the estimated value of digital revenue streams, was $4.9 billion during the first half of 2006. That represents a 6.1 percent decline when compared to the first six months of 2005. On the digital...
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