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"Investors beware" of record companies say

NewYorkCountryLawyer (912032) writes | more than 6 years ago

The Courts 0

NewYorkCountryLawyer writes ""Investors beware" of "Sony (NYSE: SNE), BMG, Warner Music Group (NYSE: WMG), Vivendi Universal, and EMI", says the Motley Fool investment web site. In an article entitled "We're All Thieves to the RIAA", a Motley Fool columnist, referring to the RIAA's pronouncement in early December in Atlantic v. Howell, that the copies which Mr. Howell had copied from his cd's to mp3's in a 'shared files folder' on his computer were "unauthorized", writer Alyce Lomax said "a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value.""
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