From the IFPI news room: Recording industry takes action against Vimeo for making available infringing music content. IFPI, representing the recording industry worldwide, together with its Italian national group FIMI and the Italian anti-piracy organisation FPM, has coordinated a legal action on behalf of its record company members against online content sharing service Vimeo in Italy. The action is based on Vimeo’s failure to prevent unlicensed music appearing on its platform…. Record labels invest heavily in discovering, nurturing, and promoting artists. The making available of unlicensed sound recordings harms their ability to secure a return on their investment which is crucial to their ability to invest in new artists.
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