Forum Moderators: goodroi
``YouTube and Google retain all of the revenue generated from this practice, without extending fair compensation to the people who have expended all of the effort and cost to create it,'' the statement said."
[mercurynews.com...]
For now, I can't say I blame Viacom. The question is: will they be back soon? Will G make enough on those streams to spread the $love?
Sure, it's really an argument about money. But both sides know that the marketing edge YouTube gives is worth a buck or two.
Good thing I watched all the viacom stuff I wanted to already!
No seriously... there's nothing to read into this news item. Very straightforward statements ;-)
Viacom Inc. on Friday demanded that Google Inc.'s online video service YouTube remove more than 100,000 video clips after they failed to reach a distribution agreement.(...)
A YouTube spokeswoman said it would comply with the request and added, "It's unfortunate that Viacom will no longer be able to benefit from YouTube's passionate audience, which has helped to promote many of Viacom's shows." The company has historically removed clips at the request of copyright owners within hours.
This is Viacom's only card to play.
[edited by: Quadrille at 1:10 am (utc) on Feb. 3, 2007]
I think they feel that they got screwed by iTunes and they know that the first deal sets the standard for future negotiations.
[slyck.com...]
