Universal Music Group has sued video sharing site Veoh for “massive copyright infringement”. You’ll remember that UMG threatened Veoh with a lawsuit in August, and Veoh pre-emptively filed against the music label claiming that it hadn’t infringed
The company, in an effort to bring up money for this, has sold itself to video search and aggregation site GoFish, for about $30 million in stock (GoFish is traded on OTC board). UMG sued video sharing sites Grouper and Bolt.com for allowing users to swa