Universal Music Group vs Warner Music Group Corp, a battle between two companies with very different ideas when it comes to online music with the college-beloved sites MySpace.com and YouTube.com caught right in the middle.
Universal speaks of MySpace and YouTube in words that could have been lifted from a Recording Industry Association of America press release. According to the Associated Press, Universal accuses MySpace and YouTube of copyright infringement valued in the millions of dollars.
“We believe these new businesses are copyright infringers and owe us tens of millions of dollars,” Universal CEO Doug Morris said to a group of investors last Wednesday. “How we deal with these two companies will be revealed shortly.”
Certainly Morris is trained in the fine art of the subtle threat. Doubtless, he is implying that Universal plans legal action. It’s a predictable move, especially when considering that Universal had to slash the prices of its compact discs by 30 percent in Sept. 2003. Even then, Universal blamed illegal file-sharing for having to make the move, citing all of the usual arguments: copyright protection infringement, billions of dollars lost, etc.
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Hmmm…Well shouldn’t be much of a problem since Fox now owns Myspace