Bolt has also agreed to implement filter technology to block UMG videos and other content from being posted on the site, within 60 days. New York-based Bolt will be acquired by GoFish Corp., which has been a licensed partner of UMG for the last two years. UMG also filed a lawsuit against Sony Corp's Grouper.com back in October.
At the time, Bolt claimed that it had always complied with copyright holders requests to take down videos. User-generated video sites like Grouper and YouTube are currently in the spotlight for copyright infringement, as users have posted literally millions of unauthorized clips.
Source:
International Herald Tribune
Written by: James Delahunty @ 10 Mar 2007 20:30