Business
Latest:
British Energy confirms takeover talks
Bank split on 'difficult' interest rate decision
MPs appalled by bovine TB 'complacency'
Business confidence 'lowest since 1992'
Gas bills to rise over £1,000
UN backs video conferences over flights abroad
Co-op to buy Somerfield for £1.57bn
Apple scraps plans to slash music download prices
US govt considers Freddie and Fannie takeover
Bovis and Redrow axe 40% of workforce
Business Archive
All news archive
YouTube asked to remove 100,000 clips
03/02/2007
Video sharing website YouTube has been asked to remove 100,000 video clips by US media conglomerate Viacom.
The media giant, which owns MTV and Comedy Central, has requested that the clips be taken down due to YouTube and parent company Google's alleged inability to "filter" out the copyright-infringing videos.
Executive vice president and general counsel of Viacom Michael Fricklas said: "Our stuff costs a lot of money to make. It's made with the best people in the world. It generates huge audiences. So people should be prepared to pay for what it's worth."
YouTube will comply with the request but has commented that it is regrettable that Viacom could no longer "benefit from YouTube's passionate audience which had helped promote many of Viacom's shows".
According to surveys the site has more than 20 million visitors each month and last October agreed deals with media giants CBS, Sony BMG and Universal to provide content for the site.
The site was set up by three former PayPal employees in February 2005 and currently employs only 67 people. Last November, the company was acquired by internet search provider Google for $1.65 billion (£839 million) in a share transaction.
© Adfero Ltd
Delicious
Digg
Reddit
Facebook
StumbleUpon
Comments on this story
Add your comments here
No comments submitted yet