Cha Ching – Viacom Suing Google For 1 Billion Over YouTube

So Google thought that it was free and clear after the purchase of YouTube and getting agreements with some of the major players in the industry? Think again.

It looks like the old media dinosaurs are thinking that Google will be the way to recoup their losses in other media fields and going after the internet company with both barrels.

Media conglomerate Viacom Inc. said on Tuesday it filed a $1 billion lawsuit against Google Inc. and its Internet video sharing site YouTube over unauthorized use of its copyrighted entertainment.
The suit accuses Web search leader Google and YouTube of “massive intentional copyright infringement” of Viacom’s entertainment assets and seeks an injunction against further violations.
Viacom contends that almost 160,000 unauthorized clips of its programming have been uploaded onto YouTube’s site and viewed more than 1.5 billion times. via  Reuters.com