Viacom Hits Google with $1 Billion Lawsuit over YouTube Copyright Infringement (SeekingAlpha via Yahoo! Finance)
Viacom Hits Google with $1 Billion Lawsuit over YouTube Copyright Infringement (SeekingAlpha via Yahoo! Finance)
Viacom Inc., producer of The Daily Show and parent of Paramount Pictures, is suing Google for $1 billion for “rampant [copyright ] infringement” on its YouTube video sharing site. In November, Google purchased YouTube — which drew 133.5 million visitors in January against 9.5 million a year ago — for $1.65 billion.