Domain Name Blog

Viacom sued Google and its online video subsidiary YouTube for $1 billion Tuesday, the first big lawsuit against the online video site and its parent for copyright infringement.Experts predict more lawsuits to come.

Wow, could this be the beginning of the end for Youtube.com? Other media firms, notably CBS, say they see promotional value in having snippets of their programs posted on YouTube, Viacom has led the charge against YouTube since it feels entitled to advertising revenues tied to viewing of its programming. YouTube typically serves more than 100 million video streams a day.

Are these the signs of a deal turned sour between Google and Viacom? Well, only time will tell.

Meanwhile the Share price of Google finished the day down by 1% following the announcement!

This entry was posted on Wednesday, March 14th, 2007 at 9:44 am and is filed under Domain News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.