Viacom tosses billion-dollar bomb at YouTube
Tuesday, March 13th, 2007NEW YORK — Big Media took its first big swing at YouTube Tuesday as Viacom Inc., the owner of MTV, VH1, Comedy Central and other cable networks filed a $1-billion copyright lawsuit against the video-sharing site and corporate owner Google Inc.
The lawsuit marks a sharp escalation of long-simmering tensions between Viacom and YouTube and represents [...]