(pic) I knew this was coming, but Lord, it sucks. Now our industry is making money, and hitting the big times, it’s going to be all about lawyers and posturing, right? From the Journal (not public link, check here):
Universal Music Group, the world’s largest recorded-music company, sued News Corp.’s MySpace for copyright infringement, alleging that the social-networking giant traffics in “user-stolen” content, including music, videos and other material.
At issue is the widespread presence of copyrighted music and video content on MySpace. In the suit, filed in U.S. District Court for California’s Central District, Vivendi SA’s Universal dismisses the frequently-used label “user-generated content” — alleging that much of the material on MySpace is stolen from copyright holders.
I guess Ross got out of there right before managing this monster turns into one big poo-flinging goat rodeo. Also, filing on a Friday afternoon, right before Thanksgiving…nice…