Viacom's a stupid organization. They'll lose big time. I thnk Google should just buy them and fire Summer Redstone.
Z --- Heath <[EMAIL PROTECTED]> wrote: > Check it > > http://www.msnbc.msn.com/id/17592285/ > > I mean seriously, 1 billion dollars?!?! Give me a > freaking > break...I worry about the future I really do....I > mean yeah, they > have got content but 1 billion?!? Get real..... > > Interesting that this announcement comes on the > heals of Viacom > saying that they are going to create a site where > people > can "leagaly" mash up their work.......Ah...corprate > politics at it's > finest..... > > NEW YORK - MTV owner Viacom Inc. said Tuesday it has > sued YouTube and > its corporate parent Google Inc. in federal court > for alleged > copyright infringement and is seeking more than $1 > billion in damages. > > Viacom claims that the more than 160,000 > unauthorized video clips > from its cable networks, which also include Comedy > Central, VH1 and > Nickelodeon, have been available on the popular > video-sharing Web > site. > > The lawsuit marks a sharp escalation of > long-simmering tensions > between Viacom and YouTube. Last month Viacom > demanded that YouTube > remove more than 100,000 unauthorized clips after > several months of > talks between the companies broke down. > > In a statement, Viacom lashed out at YouTube's > business practices, > saying it has "built a lucrative business out of > exploiting the > devotion of fans to others' creative works in order > to enrich itself > and its corporate parent Google." > > Viacom said YouTube's business model, "which is > based on building > traffic and selling advertising off of unlicensed > content, is clearly > illegal and is in obvious conflict with copyright > laws." > > A representative for Google didn't immediately > respond to a request > for comment. > > Other media companies have also clashed with YouTube > over copyrights, > but some, including CBS Corp. and General Electric > Co.'s NBC > Universal, have reached deals with the video-sharing > site to license > their material. > > Universal Music Group, a unit of France's Vivendi > SA, had threatened > to sue YouTube, saying it was a hub for pirated > music videos, but > later reached a licensing deal with them. > > Viacom filed the lawsuit in the U.S. District Court > for the Southern > District of New York and is also seeking an > injunction prohibiting > Google and YouTube from using its clips. > > > Heath > http://batmangeek7.blogspot.com > > ____________________________________________________________________________________ Food fight? Enjoy some healthy debate in the Yahoo! Answers Food & Drink Q&A. http://answers.yahoo.com/dir/?link=list&sid=396545367
