A Deal Between UMG and MySpace Forthcoming?

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A Deal Between UMG and MySpace Forthcoming?

Fri Mar 07, 2008 @ 10:08AM PST

Posted by Eriq Gardner

Umglogo_2 Universal Music Group and MySpace are close to a settlement in their 2006 copyright lawsuit, reports Digital Music News.

The website reports that the deal is being spurred by similar talks between UMG and Facebook and "and various stakeholders are orchestrating media leaks to propel their agendas."

A deal would be somewhat surprising given UMG chief Zach Horowitz's tough talk on copyright protections for music used on social networking sites. But  Silicon Alley Reporter speculates the settlement is probably tied to MySpace's plan to launch a new music-devoted platform.

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The Hollywood Reporter, Esq. blog focuses on how the entertainment and media industries are impacted and influenced by the law. It is edited by Matthew Belloni with contributions from veteran legal reporter Eriq Gardner and others. Before joining The Hollywood Reporter, Belloni was a lawyer at an entertainment litigation firm in Los Angeles. He writes a column for THR devoted to entertainment law. Gardner is a New York-based writer and legal journalist. Send tips or comments to [email protected]

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