Biting the hand that feeds IT
Biting the hand that feeds IT
|
|
Original URL: http://www.theregister.co.uk/2006/09/15/umg_sue_you_tube/
The chief of the world's biggest record label, Universal Music Group, has hinted that the company will sue the video sharing site YouTube for copyright infringement.
"We believe these new businesses are copyright infringers and owe us tens of millions of dollars," UMG boss Doug Morris told a conference this week. "How we deal with these companies will be revealed shortly."
It's no secret that YouTube has been a runaway success because it's a treasure trove of copyrighted material - effectively the internet's Oldies channel.
UMG is also negotiating with News Corporation, owners of MySpace, for a cut of performance royalties on the site. MySpace vehemently denies it should pay these royalties, although its European VP justified its refusal (http://www.theregister.co.uk/2006/07/20/pay_up_myspace/) recently on the grounds that MySpace users "... are interacting with music in the same way as they would in everyday life - in a store or on the radio".
A bit of an oops, that, as stores and radio stations need to pay public performance royalties in most parts of the world. (Radio stations in the US are an exception).
Analysts peg the UMG chief's comments as a negotiating tactic.
It's doubtful, however, whether UMG will take a one-size-fits-all legal approach to infringement. MySpace is owned by one of the world's biggest media multinationals News Corporation, and snagged almost a billion dollars from Google recently for a three-year advertising contract. However the independent start-up YouTube is more likely to plead poverty: it has only just started to scratch around for revenues to offset its astronomical operating costs. Despite the claims made by the utopian lobby, most of the traffic at YouTube is people looking for copyright material. Or people looking at other people lip-syncing to copyright material.
Not that pleading zero revenues has ever stopped UMG suing someone out of business before. Just ask Michael Robertson (http://www.theregister.co.uk/2000/07/25/mp3_com_loss_balloons_after/). ®
Universal Music Group invests in rap competition site (9 August 2007)
http://www.theregister.co.uk/2007/08/09/umg_buys_loud_dot_com/
Universal exec - say goodbye to the old record co. (20 January 2007)
http://www.theregister.co.uk/2007/01/20/kenswil_license_stuff/
UMG sues MySpace (17 November 2006)
http://www.theregister.co.uk/2006/11/17/umg_sues_murdoch/
Universal sues video sharing sites (19 October 2006)
http://www.theregister.co.uk/2006/10/19/universal_sues_vidoesharers/
'Moronic' video deal buys Google legal woes? (10 October 2006)
http://www.theregister.co.uk/2006/10/10/google_youtube_analysis/
Google swallows YouTube for $1.65bn (9 October 2006)
http://www.theregister.co.uk/2006/10/09/youtube_content_deals/
Google to buy YouTube for $1.6bn - reports (6 October 2006)
http://www.theregister.co.uk/2006/10/06/google_youtube_talks/
Yahoo! wants to buy Facebook - WSJ (21 September 2006)
http://www.theregister.co.uk/2006/09/21/yahoo-facebook_acquisition_talks/
Microsoft enters 'Soapbox' derby (19 September 2006)
http://www.theregister.co.uk/2006/09/19/microsoft_soapbox/
Warner Music embraces YouTube (18 September 2006)
http://www.theregister.co.uk/2006/09/18/warner_music_youtube_deal/
MySpace faces royalty challenge (20 July 2006)
http://www.theregister.co.uk/2006/07/20/pay_up_myspace/
MySpace to songwriters: sell more shirts (19 July 2006)
http://www.theregister.co.uk/2006/07/19/myspace_royalty_snub/
YouTube owns YourStuff (12 June 2006)
http://www.theregister.co.uk/2006/06/12/youtube_owns_derivative_works/
YouTube gets an upgrade (5 June 2006)
http://www.theregister.co.uk/2006/06/05/youtube_upgraded/
© Copyright 2008