Viacom and Google settle YouTube lawsuitMarch 18, 2014 @ 10:00 am
NEW YORK (AP) -- Viacom says it's settled its $1 billion copyright lawsuit against YouTube.
Terms of the deal weren't disclosed.
New York-based Viacom Inc. filed the suit in 2007, claiming that YouTube was aware that thousands of videos on its site were stolen from its TV networks such as Comedy Central, MTV and Nickelodeon.
Litigation dragged on for years, but a federal judge ruled last year that the online video site didn't have to police itself as long as it removed infringing videos when copyright owners gave it notice.
Viacom and Google Inc., which bought YouTube in 2006, say the settlement reflects increasing talks between the two companies related to important opportunities.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Despite legalization, 'business is good' for Seattle's illegal pot dealers
KIRO Radio's Jason Rantz learns the SDOT's right-turn ban on Dexter was rushed
Some of the most beautiful animals in the world are disappearing from Washington
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.