Metro-Goldwyn-Mayer Inc and Universal Studios Inc will lose out on millions of dollars in royalties because they missed a deadline to file paperwork with the government, a federal appeals court ruled on Friday.
The US Copyright Office collects fees from cable and satellite companies that broadcast films and distributes the money to copyright owners after they file claims. Those claims must be sent by July 31 each year.
In 2001, MGM's claim arrived on Aug. 2, and Universal Studios' on Aug. 3. The studios each estimated the values of their claims in the millions of dollars. In November, the Copyright Office notified both studios that their claims would be rejected unless they could produce proof they were mailed in July.
The studios submitted sworn statements from mailroom clerks saying the claims were sent before July 31, and declarations from federal postal workers about normal delivery times.
Universal also conducted an experiment to prove letters generally reach Washington from Southern California in fewer than three days. The studios argued in court papers that the anthrax attacks caused an upheaval in Hollywood mailrooms between when they mailed the claims and were asked to produce receipts.
But a District Court sided with the Copyright Office's decision to reject the evidence and a three-judge panel of the US Court of Appeals upheld that ruling, saying, "The studios are out of luck."
"Even at this remove, we can sense the intensity of the searches that these letters must have precipitated, but neither studio was able to locate a receipt," the court wrote. "Lacking a receipt, the studios mobilized their lawyers."
The decision was written by Judge John Roberts. Judges David Sentelle and Stephen Williams were also on the panel.
An MGM spokeswoman said the studio had no comment, and a spokesman for Universal did not immediately respond to a request for comment.
Universal is part of NBC Universal Inc, a joint venture of Vivendi Universal and General Electric Corp. MGM is owned by Sony Corp.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new