Record Labels Sue Over Ripping Audio Tracks from YouTube Videos

YouTube

Eriq Gardner, writing at The Hollywood Reporter, on record labels starting to sue some of the YouTube to MP3 ripping websites:

On Monday, the plaintiffs filed a copyright lawsuit in California federal court, stating, “Stream ripping has become a major threat to the music industry, functioning as an unlawful substitute for the purchase of recorded music and the purchase of subscriptions to authorized streaming services.”

With a few simple mouse clicks, the lawsuit reports, infringing copies of sound recordings are made available in MP3 format. The plaintiffs suggest that “tens, or even hundreds, of millions of tracks are illegally copied and distributed by stream ripping services each month.”

Disney Looking at Potential Twitter Bid

Twitter

Bloomberg is reporting that the Walt Disney Co. is looking at making a bid for Twitter:

The Walt Disney Co. is working with a financial adviser to evaluate a possible bid for Twitter Inc., according to people familiar with the matter. After receiving interest in discussing a deal, Twitter has started a process to evaluate a potential sale. Salesforce.com Inc. is also considering a bid, working with Bank of America on the process, according to other people, who declined to be named because the matter is private.

So Disney could own the happiest place on earth, and one of the biggest collections of hatred the world has ever seen.