Viacom in $1B Copyright Suit vs Google, YouTube
Kenneth Li and Michele Gershberg write for Reuters:
Media conglomerate Viacom Inc. sued Google Inc. and its Internet video-sharing site YouTube for more than $1 billion on Tuesday in the biggest challenge yet to the Web search leader's strategy to dominate the online video market.More here.
The lawsuit accuses Google and its popular online video unit of "massive intentional copyright infringement," threatening its ambitions to turn YouTube into a major distributor of entertainment and outlet for advertising.
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