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Google, Viacom Settle Landmark Youtube Lawsuit


Ron Burgundy
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A visitor is seen at the You Tube stand during the annual MIPCOM television programme market in CannesBy Jonathan Stempel NEW YORK (Reuters) - Google Inc has settled a landmark copyright lawsuit in which Viacom Inc accused the Internet search company of posting its programs on the YouTube video service without permission. "This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together," Google and Viacom said in a joint statement. Viacom had originally filed a $1 billion lawsuit against YouTube and others in 2007, and eventually accused the Google unit of illegally broadcasting 79,000 copyrighted videos on its website between 2005 and 2008. Based in New York, Viacom is controlled by media mogul Sumner Redstone, and owns cable networks such as Comedy Central, MTV and Nickelodeon as well as the Paramount movie studio.




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