Viacom Sues YouTube For One Billion Dollars
Business

Viacom Sues YouTube For One Billion Dollars

News about Viacom slapping YouTube with a lawsuit is currently making its way everywhere it seems. I’m surprised more of this hasn’t happened yet, but the lawsuit is basically over copyright infringement issues and how YouTube is a large for-profit company and makes money by using other people’s work to gain traffic and then selling advertising space off of that content. For those who don’t know, Viacom is pretty large too as they own networks such as MTV and Nickelodeon.

As mentioned, I’m surprised that this hasn’t happened earlier. Then again, in some ways I am not too as many times companies only sue others if they feel that the other party is established enough and has deep pockets. I’m sure everyone has seen an example or two of that. Kind of like how some lawyers won’t even take a case if they feel the person they would be going against doesn’t have a lot of money.

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