James Delahunty
2 Feb 2007 18:15
Viacom Inc. which owns MTV Networks and BET, has demanded that YouTube removes all clips owned by the company since both sides failed to reach an agreement. All of Viacom's properties account for about 100,000 videos on Google's YouTube service, and the corporation wants it all removed. According to Viacom, an outside consultant studies YouTube and found that its programs on the site have generated "about 1.2 billion video streams."
YouTube faces some tough times in the coming years as it tries to reach agreements with content providers to allow content to remain on the site. It also plans to launch a feature to share advertising revenue between the site and video uploaders.
Source:
Reuters