Google sued by Viacom for $1b

Via The Guardian Unlimited, Viacom filed a suit today in NY against Google and YouTube, saying the internet giants were guilty of "massive intentional copyright infringement."

"After a great deal of unproductive negotiation, and remedial efforts by ourselves and other copyright holders, YouTube continues in its unlawful business model. Therefore, we must turn to the courts to prevent Google and YouTube from continuing to steal value from artists and to obtain compensation for the significant damage they have caused."

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More after lunch.