Viacom v. YouTube: the Future of Online Video Sharing and Copyrights

Viacom’s $1 billion lawsuit against YouTube is still pending before the United States District Court for the Southern District of New York. On March 13th this year, Viacom, a global entertainment content company, filed a copyright infringement lawsuit against YouTube and Google. Viacom alleges that “YouTube appropriates the value of creative content on a massive scale for YouTube’s benefit without payment or license.” This case, if not settlement agreement is reached, would constitute a landmarking decision on copyrights v. online video sharing practices.http://www.ibls.com/internet_law_news_portal_view.aspx?s=latestnews&id=1770

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