Youtube to be sued soon -- New York Times

In a report on the first day of Merrill’s media industry conference, Ms. Cohen wrote that Doug Morris, the chief executive of the Universal Music Group, “strongly suggested that the company was planning to take legal action in the near-term to either prevent the illegal use of their content on Web sites such as MySpace and YouTube, indicating the sites owned UMG ‘tens of millions of dollars’” He also called the two sites “copyright infringers,” Ms. Cohen wrote.