But wait, people have clips from TV. So that means the reason they are not watching TV is because they are getting little clips for free. All right lets sue YouTube.
Viacom in $1 bln copyright suit vs Google, YouTube
Sumner Redstone-controlled Viacom has been the most vocal critic of YouTube as it sought to negotiate payment for use of its media programming.
NBC Universal and News Corp. (NYSE:NWSA - news) have also criticized YouTube's copyright protection policies but stopped short of taking legal action.
YouTube does not prevent copyrighted content from being uploaded onto its site, but it will take material down if contacted by copyright owners.
"YouTube's strategy has been to avoid taking proactive steps to curtail the infringement on its site, thus generating significant traffic and revenues for itself while shifting the entire burden -- and high cost -- of monitoring YouTube onto the victims of its infringement," Viacom said in a statement.
Yes the high cost of having somebody search by keywords for videos. I know it cost me like $250,000 to find those booty shaking videos. Its not that they don't get social networking. Its that they just are going to go after and kill anything that seems to be competition.
I would like to see them prove that video hosting sites make their money, if any, off little clips from TV and movies.
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