Viacom Sues YouTube

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The Internet website YouTube is growing like mad. Last year's nine million monthly visitors skyrocketed to 133 million this year, and Google purchased YouTube for $1.65 billion. Surveys show that 100 million video clips are viewed on YouTube every day and they're not all amateur home movies. Big-time producers want their pieces of YouTube's action.  Viacom -- which owns Comedy Central, MTV and Nickelodeon --says Jon Stewart, Stephen Colbert and SpongeBob SquarePants have been appearing on YouTube for free.  So, Viacom has sued YouTube for a billion dollars in damages. Will innovation and creativity be delayed as the law catches up with technology?  We get perspective from attorneys, media analysts and former network execs.




Warren Olney