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Friday, February 19, 2016<br />
Complaints against Music Industry Majors in the United States<br />
Several complaints have been filed before the Federal Courts in New York and California against Universal Music Group and the other music<br />
industry majors for alleged anti-competitive practices in the context of sales of CDs and Internet music downloads. These complaints have<br />
been consolidated before the Federal Court in New York. The motion to dismiss filed by the defendants was granted by the Federal Court on<br />
October 9, 2008, but this decision was reversed by the Second Circuit Court of Appeals on January 13, 2010. The defendants filed a motion<br />
for rehearing which was denied. They filed a petition with the US Supreme Court which was rejected on January 10, 2011. The discovery<br />
process is underway.<br />
Complaints against UMG regarding Royalties for Digital Downloads<br />
Since 2011, as has been the case with other music industry majors, several purported class action complaints have been filed against UMG<br />
by recording artists generally seeking additional royalties for on line sales of music downloads and master ringtones. On April 14, 2015, a<br />
global transaction terminating the litigation was entered into. This settlement transaction is expected to be formally approved by the Court in<br />
the first quarter of 2016.<br />
Capitol Records and EMI Music Publishing against MP3tunes<br />
On November 9, 2007, Capitol Record and EMI Music Publishing filed a joint complaint against MP3tunes and its founder, Michael<br />
Robertson, for copyright infringement on the sideload.com and mp3tunes.com websites. The trial was held in March 2014, and, on March 19,<br />
2014, the jury returned a verdict favorable to EMI and Capital Records. It found the defendants liable for knowingly allowing the unauthorized<br />
content on the websites. On March 26, 2014, the jury awarded damages in the amount of USD41 million. On October 30, 2014 the Court<br />
confirmed the verdict but entered judgment in the reduced amount of USD12.2 million. The defendants have appealed against the judgment.<br />
Mireille Porte against Interscope Records, Inc., Stefani Germanotta and Universal Music France<br />
On July 11, 2013, the artist Mireille Porte (AKA “Orlan”) filed a complaint against Interscope Records, Inc., Stefani Germanotta (AKA “Lady<br />
Gaga”) and Universal Music France with the Paris Tribunal of First Instance for the alleged copyright infringement of several of Orlan’s<br />
artistic works.<br />
James Clar against Rihanna Fenty, UMG Recordings, Inc. and Universal Music France<br />
On June 13, 2014, the artist James Clar filed a complaint against Rihanna Fenty, UMG Recordings, Inc. and Universal Music France before<br />
the Paris Tribunal of First Instance (Tribunal de Grande Instance de Paris) for the alleged infringement of his work.<br />
Reti Televisive Italiane (RTI) against Dailymotion<br />
Since 2012, several legal actions have been filed by RTI against Dailymotion before the Civil Court of Rome. Similar to claims it has made<br />
against other major online video platforms, RTI is seeking damages for infringement of its neighboring rights (audiovisual production and<br />
broadcasting rights) and unfair competition as well as the removal of the contested content from the Dailymotion platform.<br />
Financial Report and Audited Consolidated Financial Statements for the year ended December 31, 2015 Vivendi /102