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MySue, YouSue

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Jessica Reif Cohen, a Merrill Lynch analyst, wrote in a note to clients Thursday that remarks two days before by Universal Chief Executive Officer Doug Morris meant Universal was getting set to sue not just the popular Web site, but possibly others that like YouTube rely on user-generated content.

Universal chief executive Doug Morris described video site YouTube and News Corp.’s social networking site MySpace as “copyright infringers” during a Merrill Lynch investors’ conference speech on Tuesday that was closed to the press. “The poster child for (user-generated media) sites are MySpace and YouTube … We believe these new businesses are copyright infringers and owe us tens of millions of dollars … How we deal with these companies will be revealed shortly”.

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