Posts Tagged ‘Time Warner’

Record Labels to Pay $6 Billion for Pirating Music

December 8, 2009

It seems that piracy lawsuits are a gate that swings both ways with Warner, Sony BMG, EMI and Universal now facing some fairly hefty bills to remunerate artists whose content, it seems, they’ve pirated.

Usually we tend not to see what happens on the far side of the table, with most of the media attention surrounding record labels and piracy centred quite firmly on the poor souls dragged into court by apparently merciless megapulishers, but now we’re told that record labels are facing the fairly substantial sum of $6 billion in damages to be paid to artists they’re found guilty of pirating roughly 300,000 tracks from.

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YouTube to Deliver Movie Rental Service?

September 4, 2009

Just days after the news that YouTube had finally sorted out its six-month-long disagreement with UK music collection group PRS and will be displaying copyrighted music videos to UK customers again, it seems as though YouTube will be putting together a movie rental service.

YouTube logo

Word comes via TomsHardware that YouTube is currently in talks with movie studios in an attempt to wrangle a deal that would see the Google owned company streaming movie rentals to users. The report has it that YouTube is engaged in talks with Lion’s Gate, Sony, MGM and Time Warner. It’s hard not to wonder whether or not big studios will be able to overcome previous issues with YouTube and forge an agreement, but if there’s enough money going then it seems unlikely they’d turn it down.

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