You Tube Owes Millions

WE TEACH multimedia students that you cannot use the music or the videos of signed artists in personal media projects without working out some sort of licensing deal. The same concept works for You Tube and My Space. Universal Music Group chief executive Doug Morris told Merrill Lynch investors on Tuesday that YouTube and MySpace are “copyright infringers and owe us tens of millions of dollars”. He added, “How we deal with these companies will be revealed shortly” and as Pete Cashmore notes, that suggests "the world’s biggest record company could be taking legal action against the sites".

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