Unity Entertainment Suing MP3.Com

MP3.com, a music-sharing site that has resolved copyright suits with all five of the major record labels, faces another lawsuit from closely held Unity Entertainment Corp. The suit, filed last week in U.S. District Court in Los Angeles, seeks class-action status to represent all parties allegedly damaged by MP3.com’s dissemination of copyrighted recordings via the Internet. The suit was filed before MP3.com agreed this week to pay $53.4 million to Seagram Co.’s Universal Music Group to settle a copyright infringement suit. The company said in a statement that it was disappointed to be named in the suit. The San Diego-based company’s shares rose $2.31 to close at $8.50 on Nasdaq.