Tuesday, November 28th 2006
Universal Music Group hopes to settle lawsuit with MySpace
On November 17th, we reported that Universal sued MySpace. Doug Morris, chief executive officer of Universal Music Group, said today he hopes to settle the lawsuit with MySpace. At the Reuters Media Summit in New York, Morris said "I think (MySpace) will settle. It would be a horrible case for them to lose". Universal sued MySpace due to copyright infringement issues arising from the way users shared music and videos.
Source:
CNET
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