Monday, December 11, 2006

SOULFUL SINGING BY MYSPACE

Universal Music Group (UMG), which is owned by French media conglomerate Vivendi has accused MySpace users of illegally uploaded copyright music videos. UMG & MySpace (owned by News Corp) have an agreement, which allows the website to display music videos. UMG has filed a case in the US District Court in Los Angeles, claiming that the latter has breached copyright by reformatting clips so users can transfer them to another site. The company is demanding $150,000 for each material unrightfully present on MySpace and rightly so when UMG to its credit has hit record labels, which include some of the world’s greatest artists like U2, Luciano Pavarotti, Bon Jovi and many more.

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Source:- IIPM-Business and Economy, 2006

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

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