Company has been sued by several small-scale music publishers, British record label EMI and also by the world's largest record label, Universal. These parties are seeking damages worth of over $17 billion, claiming that Bertelsmann assisted in large-scale copyright infgringement case by supporting Napster financially.
According to Bertelsmann, Universal also tried to buy Napster at the time it was negotiating with the small startup -- Universal's deal fell through when the price got too high.
Source: The Register
Written by: Petteri Pyyny @ 14 Jul 2003 16:56
