Did you hear? I thought it was one of the funniest and most interesting lawsuits. So, Viacom is sueing YouTube (and also Google who recently bought Google for a little more than 1 billion) for 1 billion. Apparently, YouTube's successful videos have made owners of MTV and Comedy Central jealous.
They're only now becoming angry with the major company, after they have become one of the most visited websites, only after Google recognized its potential, only after it refused to implement a filter system. It's obvious that Viacom is purely angry at the success of YouTube. In fact, Viacom's marked has dropped substantially since YouTube's fame has risen. Who would have thought two young guys (or 3, I don't quite remember) would be able to start a billion dollar online company? All they wanted to make was a webstie where people could share their travel videos. And what they've started has become so powerful that they are now being sued.
I'm sure Google will either pay them the sum of money, or try to filter their system, but according to the article, Google is sure that they will continue to make the website accessible and successful. At the very end of the article, BBC comments on how they have successfully made deals with the YouTube website giving them the permission to use their videos in hope for more publicity and links to their website.
Like I just did.
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