Did you notice in the news that media conglomerate Viacom is suing YouTube/Google for a billion dollars over copyright infringement issues on YouTube. Viacoms claims that copyrighted content posted by YouTube users violates copyright laws and wants YouTube to take more effective action against it. Right now - the way it works - is ........ a user posts a copyrighted video clip of some show. Hundreds of people view the video, sometimes millions, than Viacom is required by law to contact YouTube that the video is copyrighted. Only than, according to law, does YouTube have to take action to take the posted video off of their site. The problem is that users post videos faster than Viacom and YouTube can play their cat and mouse game. Viacom is fed up with it. This lawsuit is possibly a foundational lawsuit in the way that the law is to be interpreted in the future. I am not sure why Viacom does not like the exposure of their content on YouTube. Most media sources like the exposure to their material because it's free advertising. I suspect their's more than meets the eye. For instance, Viacom is one of the largest media conglomerates at this time, and it may feel threatned by Google's increasing size and position in the technology world. Google continues to buy more and more businesses and increase in size. However, Google's advances are in a different nature than most other media conglomerates. It's possible that they will be the next giant to deal with.
I cannot see how Viacom could have lost any money by having their copyrighted content show up in short video clips on YouTube. They make billions of dollars.... surely that's enough money.... or do they think they can make even more by getting YouTube to pay them for their copyrighted content... Quite possibly, the greedier get greedier. They may be able to squeeze out more revenue....hummmm...... If Viacom wins this lawsuit.... I suggest you buy stocks the instant they do because..... their stock is about to go up...... But if they lose.... it really shouldn't go down.
Maybe if they lose, they should give every college student in America a hundred bucks for disturbing the peace.. yeh,, I think that's a great idea.
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In a sense I understand because it is breaking the law. There are copyright laws for a reason - if you were the one who was having your products illegally copyrighted you'd probably be frustrated too. However, you can't download any of the stuff on youtube so I don't see the problem. I think it is just free advertising for them and they shouldn't complain because maybe someone will see something on youtube and want to see more so they begin to watch the actual show or go and buy that bands cd which will give them profit!
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