Article: It's the big one: universal sues News Corp's MySpace.(Universal Music Group vs. MySpace.com Inc.)

-- Says MySpace Built Its Business on Its Artists' Property

-- Calls MySpace 'Vast Virtual Warehouse' of Stolen Property

-- Calls It 'User-stolen Content,' Not User-generated Content

Universal Music Group, the world's largest music company, has filed a copyright infringement suit against MySpace, the world's most popular social networking and file-sharing site that News Corp, one of the world's largest media companies, bought for $580 million.

The suit could cost News Corp millions. Universal Music, which is owned by France's Vivendi, says MySpace let its users illegally post thousands of copyrighted videos and songs. Universal is ...

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