I'm very curious about this. As you should know, Viacom sued YouTube for a Billion dollars. Here's the story:
Viacom sues 'GooTube' for $1 billion
NEW YORK (CNNMoney.com) -- 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.
YouTube
co-founders
Steven Chen and Chad Hurley have to deal with their first major
lawsuit for
copyright infringement. Viacom is suing YouTube and its parent
company Google
for more than $1 billion.
Google CEO Eric Schmidt defended
his firm's
purchase of YouTube and said it was eager to partner with media
firms at two
investment conferences earlier this month.
In the
lawsuit filed Tuesday
in the U.S. District Court for the Southern District
of New York, Viacom (Charts), owner
of MTV and Comedy Central, said that "almost 160,000 unauthorized clips of
Viacom's programming have been available on YouTube and that these clips had
been viewed more than 1.5 billion times."
In addition to damages, Viacom
said it wants an injunction prohibiting Google and YouTube from further
copyright infringement.
Google said that it and YouTube had yet to see
the
lawsuit but added they feel "confident that YouTube has respected the
legal
rights of copyright holders and believe the courts will agree."
Viacom first
demanded that YouTube take down videos from shows on
Viacom-owned networks that
were posted on the site without Viacom's consent. Google (Charts) bought
YouTube for nearly $1.7 billion last year.
There is a poll on cnn.com about this, here are the results:
How do you feel about Viacom's $1 billion lawsuit against YouTube?
Media companies need to protect their rights 17%
YouTube and media companies should negotiate a deal 29%
YouTube shouldn't be liable at all 49%
Not sure 5%
total responses to this question: 10641
I need your help, how do you feel about this? I think I have a strong position about this, but I would like to see how people feel about this. I'll have another post in a couple of days.
posted by El Cuervo at 6:23 AM
12 Comments:
You know, I kind of understand where Viacom is coming from, but at the same time, what's it hurting. Most of the stuff on there is not available to buy in any kind of set. It's not like they'll be losing money on someone watching it on youtube. Plus I'm a huge youtube fan and I don't want it to stop.
I understand Viacom's position. However, YouTube doesn't compare to seeing the real thing. Having your stuff up on YouTube can almost like a "marketing" technique.
Lately, you can watch a entire seasons of popular shows online through the channel's wesite. Are they losing money? It's not stopping people from watching the actual show when it airs nor from buying the DVD sets.
I looked around, but I'd need more information on how much this has affected Viacom.
Besides, how would they stop people from putting up copyrighted stuff?
It's understandable but too bad - I mean - I love YouTube and it's not hurting anyone...
Hey! What happened when your comment was truncated? So sorry I didn't get back to you sooner. Lost yr email - deleted it but then noted I didn't copy it. Thanks for all the comments. You liked the IM chat? Tell me more.
When are you going to tell us your opinion on this?
Well, I disagree with the statements that "It's not hurting anyone" - yeah, just like old napster, kazaa, and limewire never hurt anyone... except an entire industry...
But I also feel like YouTube is a valuable marketing tool. As with any sort of file sharing, it's the people who abuse technology that create the problem - people who don't even realize they're doing anything wrong, because it's there and it's so easy to do.
hello
don't leave again, okay?
hug.
What happened to, "I'll have another post in a couple of days." ?
okay, time to post something.
I'm kind of curious as to where a new post is...?
Viacom is full of shit and by exercising their right to sue all they are trying to prove is their might. This isn't a fight about ownership or property, it's a fight about the stubborness towards any sort of technological progress. The content in question that was pulled isn't even available to be bought anywhere!
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