A lawsuit has been filed against News Corp., the owner of MySpace, by Universal Music Group. Universal, the world’s largest recorded music company,claims that MySpace is infringing on copyright by trafficking in “user-stolen” content such as music, videos, and written materials.
Universal is known for aggressively defending its copyrights. The company has been negotiating with MySpace to get MySpace to pay a licensing fee for the use of Universal’s content. Other companies pursued by Universal include YouTube Inc., Grouper Networks Inc. (part of Sony Corp.) and Bolt Inc.
Universal contentds that it adds millions of dollars of value for the owners of MySpace, and should be compensated accordingly.
Thank you for this website in Forensic Accounting.
I am a CPA from the Philippines who is very interested in this topic.
I will read everything in your website since I do not have the financial means to study further in the US, although I have already
saved for my airfare.
Anyway, your website is very interesting for me and maybe more than enough for me.
More power, Tracey! I hope you can come to the Philippines.
Very sincerley,
Teresa S. Dapo
CPA
Philippines
HP 0920 922 5567