Viacom will sue YouTube for $1bn

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Entertainment giant Viacom Media says it will sue web search engine Google and its video-sharing website YouTube for $1bn (£517m).

Viacom, which owns MTV and Nickelodeon, says YouTube uses its shows illegally.

Viacom alleges that about 160,000 unauthorised clips of its programmes have been loaded onto YouTube's site and viewed more than 1.5 billion times.

Google says it is "confident" that YouTube has respected the legal rights of copyright holders.

However the internet search giant saw its shares fall $11.72, or 2.6%.

'Clearly illegal'

As well as more than $1bn in damages, the legal action seeks an injunction to prevent what Viacom calls "massive intentional copyright infringement".

"YouTube's strategy has been to avoid taking proactive steps to curtail the infringement on its site," said Viacom in a statement.

source:http://news.bbc.co.uk/2/hi/business/6446193.stm
 

joecool6101

Yellow Belt
Public television... there station name is on the video so what are they crying about? If people like what they see they will go to that station...

Just want to suck every penny they can.
 
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