US record labels follow movie studios in suing Dotcom’s Megaupload

Fri, 11 Apr 2014

By Paul McBeth April 11 (BusinessDesk) - Four major US record labels are suing Megaupload founder Kim Dotcom and his associates in an almost identical suit filed by six Hollywood movie studios earlier this week. Music labels Warner Music Group, UMG Recordings, Sony Music Entertainment and Capitol Records are suing for copyright breach of sound recordings, from which they say the defendants generated more than US$175 million in illicit profits, while causing more than US$500 million in harm to copyright owners, according to a statement by Rec...

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