Viacom sues YouTube for $1 bil
Looking for that video of Stephen Colbert accepting the mantle of Captain America last night (apparently Marvel has just discovered the shield missing), or decrying the death of Steve Rogers in his Word segment from last Thursday? Don’t bother going to YouTube for ’em. Comedy Central’s parent company Viacom announced today that it has sued YouTube and its parent company Google, seeking more than $1 billion in copyright infringement damages.
The lawsuit was not exactly unexpected — last month Viacom demanded that YouTube remove more than 100,000 unauthorized clips after several months of talks between the companies broke down.
Considering the fight is about who can make more money "out of exploiting the devotion of fans to others’ creative works," so far it looks like, whoever wins, the fans might still be the losers.