Jeremy Gutsche — March 19, 2007 — Pop Culture
References: smh.au & news.agendainc
Viacom is suing Youtube for $1 billion due to copyright infringement and Google's inability to patrol both Youtube and Google Video.
Copyright infringement on Youtube? That's ridiculous. By the way, here's a link 1,070 resuts for Comedy Central videos on Youtube. They're pretty funny.
"Big Media took its first big swing at YouTube Tuesday as Viacom Inc., the owner of MTV, VH1, Comedy Central and other cable networks filed a $1 billion copyright lawsuit against the video-sharing site and corporate owner Google Inc.
The lawsuit marks a sharp escalation of long-simmering tensions between Viacom and YouTube and represents the biggest confrontation to date between a major media company and the hugely popular site, which Google bought in November for $1.76 billion."
Implications - This should serve as a cautionary tale to all companies, big or small, to always watch out for risks of copyright infringement.
Copyright infringement on Youtube? That's ridiculous. By the way, here's a link 1,070 resuts for Comedy Central videos on Youtube. They're pretty funny.
"Big Media took its first big swing at YouTube Tuesday as Viacom Inc., the owner of MTV, VH1, Comedy Central and other cable networks filed a $1 billion copyright lawsuit against the video-sharing site and corporate owner Google Inc.
The lawsuit marks a sharp escalation of long-simmering tensions between Viacom and YouTube and represents the biggest confrontation to date between a major media company and the hugely popular site, which Google bought in November for $1.76 billion."
Implications - This should serve as a cautionary tale to all companies, big or small, to always watch out for risks of copyright infringement.
Trend Themes
1. Copyright Infringement on Online Video Platforms - Opportunity for innovative content monitoring and copyright protection technologies.
2. Legal Disputes Between Media Companies and Online Platforms - Potential for legal services specialized in navigating copyright issues between traditional media and digital platforms.
3. Importance of Intellectual Property Rights - Demand for intellectual property consulting and legal services to protect creative works in the digital age.
Industry Implications
1. Online Video Platforms - Development of advanced content monitoring systems and copyright protection tools.
2. Legal Services - Specialized legal services to assist media companies in navigating copyright disputes with online platforms.
3. Intellectual Property Consulting - Increased demand for consulting services in protecting intellectual property rights for digital content.
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