Word: suede
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After the Supreme Court ruled in MGM v. Grokster that file-sharing services can be sued for promoting illegal downloads, Mashboxx, a start-up run by Grokster's ex-president, partnered with Sony BMG Music Entertainment, whose CEO Andrew Lack, below, spoke with TIME.
The Recording Industry Artists Association sued 11 Harvard students in April for violating copyright law, specifically mentioning i2hub, another file-sharing program.
Courts and legislatures have steadily expanded definitions of who can be sued, and on what grounds. These days you usually can sue city hall, despite the doctrine of sovereign immunity, which holds that governments cannot be sued without their consent. State laws, and court interpretations of them, have granted that...
Last week the Supreme Court also reinvigorated its 22-year line of decisions upholding the media's First Amendment protections against libel suits. In recent years the court has sometimes seemed more sympathetic to those bringing libel suits, but this time the Justices ruled 5 to 4 that in cases...
The latest megatakeover offers broke a relative lull in the merger spree--a lull, that is, only by recent standards. Last year more than 3,380 mergers and buyouts worth $1 million or more were completed in the U.S., with a total value in excess of $144 billion. In the...