Monday, July 03, 2006

internet - Record companies sue Yahoo China

Of course, the dinosaurs of the 20th century might get a better press when they go after companies like Yahoo China, in stead of American teenagers, but the effect might be similar. Bloomberg reports here about the intentions of the US record companies.
They describe Yahoo China - wrongly I think - as the second largest search engine in the country. First, I was a bit confused on what country they ment. The report is writting in Tokyo, Yahoo is a US company, but I still guess they mean China. In China Baidu is in numbers of visitors the largest search engine, followed by Google. Then there is nothing for a long, long time and then you might find Yahoo China.
According to the report seven record companies sued last year Baidu, got an out-of-court deal on Friday and obvious did not want to see their retained lawyers underemployed. Nobody knows what the deal with Baidu might entail, but it seems very unlikely to be effective: in China where more than 90 percent of the downloads is illegal, it might be easier to agree on stopping the floodings.
More later.

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