Music Publishers Sue Online Music Service MediaNet

Several members of the National Music Publishers' Association (NMPA) on Wednesday filed a class action copyright infringement lawsuit against MediaNet, a company that powers digital music services for Microsoft, Yahoo, MTV and others, claiming they failed to obtain proper licenses for use of songwriters' and publishers' works. MediaNet Digital (formerly called MusicNet) was originally formed in 2001 by several major record labels in partnership with AOL and RealNetworks, and later sold to private equity firm Baker Capital in 2005. (DigitalMediaWire)