Wednesday, March 14, 2007

Viacom sues YouTube over copyrights

Viacom sues YouTube over copyrights
By SETH SUTEL, AP Business Writer | publication date 13 March, 2007
"(AP) Media conglomerate Viacom Inc. is suing YouTube for $1 billion, claiming that the video-sharing site had built a business by using the Internet to 'willfully infringe copyrights on a huge scale.' Other media companies also have major concerns about YouTube, but Viacom's was the first lawsuit filed by a major media owner. Several media companies have reached agreements to supply YouTube with clips, including CBS Corp., General Electric Co.'s NBC Universal and the British Broadcasting Corp., but many others remain reluctant to deal with the Web site because of copyright concerns."

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