UMG Sues Veoh Networks
September 6, 2007 at 5:46 AM (PT)
UNIVERSAL MUSIC filed suit in federal court TUESDAY against VEOH NETWORKS, a video- and file-sharing site, accusing it of massive copyright infringement that deprives the company and its artists of sales and royalties, reports WIRED. The LOS ANGELES federal court suit begins another chapter in the music and movie industries' long-running attempt to control unauthorized online sharing of copyright material.
Popular media-sharing sites such as YOUTUBE, VEOH and TORRENTSPY sprang up after the lawsuits that devastated early music-swapping companies such as NAPSTER and KAZAA.
TUESDAY's lawsuit, which seeks millions in damages, accuses upstart VEOH of being "a massive copyright infringer that has built its business on the back of others' intellectual property."
VEOH, a video-sharing service financially backed by TIME WARNER and MICHAEL EISNER, combines online uploading and sharing of video files (a la YOUTUBE), with the ability to download files and share clips using peer-to-peer software.
The case blends elements of VIACOM's MARCH 13th lawsuit in NEW YORK federal court against GOOGLE's YOUTUBE, and the music industry's just-concluded lawsuit against NAPSTER.