Viacom sues YouTube for $1 billion

Viacom sued Google and its online video subsidiary YouTube for $1 billion Tuesday, the first big lawsuit against the online video site and its parent for copyright infringement.Experts predict more lawsuits to come.

Wow, could this be the beginning of the end for Youtube.com? Other media firms, notably CBS, say they see promotional value in having snippets of their programs posted on YouTube, Viacom has led the charge against YouTube since it feels entitled to advertising revenues tied to viewing of its programming. YouTube typically serves more than 100 million video streams a day.

Are these the signs of a deal turned sour between Google and Viacom? Well, only time will tell.

Meanwhile the Share price of Google finished the day down by 1% following the announcement!

Posted in General |
Related Posts:
  • Microsoft + Yahoo < Google?
  • Microsoft makes an offer of about $42 billion to buy Yahoo (wanted to add irony by finding the article on Yahoo itself) I like the start of the article: “Unable to
  • GoDaddy 2007 Super Bowl Ad : Marketing : Save 10% on your Order
  • Touchdown! Go Daddy finally gets the nod from CBS to run its third Superbowl ad submission, “The Office: Marketing.” See the ad that made the cut at Youtube . You can
  • CBS Buys CNET Along with Some of the Most Valuable Domains in the World
  • “CBS is making a major Internet and news powerplay, acquiring CNET for $11.50 per share (44% more than CNET is trading at) for a total of $1.8 Billion. Acquiring
  • “Download: The True Story of the Internet” Premiers Monday March 3rd
  • The Science Channel, part of the Discovery network, has some of my favorite television programming. Some of my favorites are Myth Busters, Future Weapons, Beyond Tomorrow, and Survivorman
  • Video: Finding Available Domains with Google’s AdWords Keyword Tool
  • In this video tutorial I will show you how to use the Google AdWords Keyword Tool to easily find available keyword domain names. This is a follow up to my last

    • Comments are closed.