Google and Viacom have settled a long-running copyright suit, after a federal judge twice threw out the case. “Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation,” the companies said in a brief joint statement. “This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.” Terms of the settlement were not disclosed. Reportedly, no money changed hands.
Billion-Dollar YouTube Suit Ends With a Whimper
Posted by: Kris Holt March 18, 2014 03:49 PMGoogle and Viacom have settled a long-running copyright suit, after a federal judge twice threw out the case. “Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation,” the companies said in a brief joint statement. “This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.” Terms of the settlement were not disclosed. Reportedly, no money changed hands.