Monday, January 22, 2007
Infospace being sued by EMI for $100m
The music division of EMI is suing Infospace for unpaid royalties on ringtones and selling ringtones on properties they don't have the rights for such as John Lennon's Imagine. EMI claims that Infospace has been obstructive when they asked to audit the books. In return, Infospace claims that EMI's allegations have no substance. This could well be a lawsuit to watch.