Tag: UNIVERSALMUSICGROUP

Universal Music is the first, but undoubtedly not the last, record company to go after video-sharing sites whose users share their music videos without permission. Yesterday Universal sued Grouper and Bolt.com and is seeking up to $150,000 for each instance of infringement plus court costs. Grouper was acquired by Sony Pictures Entertainment back in August and Bolt.com, whose market share has been ...

The rumored Google-YouTube acquisition we talked about last week might imminent--perhaps as imminent as later today, according to the New York Times' DealBook blog. DealBook's Andrew Ross Sorkin writes, "Barring a last-minute snag in the talks, the boards of both Google and YouTube were scheduled to hold separate board meetings on Monday to approve the deal, with an announcement possible after the ...