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.