Viacom in Deal With YouTube Rival
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Users of the new video service Joost will be able to see free clips from MTV, Paramount and BET.
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SpongeBob SquarePants snubs Google Viacom is playing divide and rule with the internet TV wannabes. After issuing 100,000 take down notices to YouTube contributors, the media giant has signed a deal that allows Joost to distribute its content legitimately.â¦
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The deal would authorize YouTube.com to show Warner Music videos and user-created clips that incorporate Warner music.
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Chad and Steve (and their investors) have to be glad they don&#8217;t own YouTube anymore. After failing to reach an agreement (apparently) with Viacom, YouTube said it will comply with the company&#8217;s request and pull the 100k videos. From the WSJ article: YouTube, a unit of Google Inc., said it will comply with the request. &#8220;It&#8217;s [...]
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Viacom Inc. (VIAb.N)  said on  Wednesday it has agreed a deal to sell its Famous Music  Publishing unit to Sony/ATV Music Publishing.
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(InfoWorld) - On Friday, media conglomerate Viacom upbraided YouTube for continuing to host throngs of Viacom videos without permission and demanded that over 100,000 of its clips be removed from the popular video-sharing site owned by Google. Viacom, whose properties include MTV, VH1, Nickelodeon, Nick at Nite, Comedy Central, and Paramount Pictures, ran out of patience after months of discussions with Google and YouTube, the company said in a statement. "It has become clear that YouTube is unwilling to come to a fair market agreement that would make Viacom content available to YouTube users," the statement reads. YouTube and Google have failed to deliver efficient filtering tools, allowingÂ "vast amounts" of unauthorized Viacom video to exist on the video-sharing site, the company said. YouTube acknowledged receiving a DMCA (Digital Millennium Copyright Act) request from Viacom to remove the videos. "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," YouTube said in a statement, adding that it will comply with the request. Viacom's move is the latest from copyright owners who are upset over the unauthorized uploading and streaming of their videos on YouTube, which is one of the most popular Web sites in the world. The copyright issue has long been a known liability for YouTube. Founded in early 2005, YouTube quickly became the world's most popular video-sharing site, beating established players including Yahoo, Microsoft's Internet unit, AOL, and Google. Impressed with that popularity, Google bought YouTube last November for $1.65 billion in an all-stock transaction, but it put 12.5 percent of the amount in an escrow account for one year to "secure certain indemnification obligations," it said. Since the acquisition, Google and YouTube have been busy negotiating with video content owners and developing technology to detect and remove copyrighted videos uploaded by users without permission. Beyond its attempts to strike deals with corporations, Google has recently also indicated its intent to share revenue with individual content owners. It has also begun integrating YouTube with the similar Google Video service. "We're pushing very, very hard for the success of YouTube as a brand. It has tremendous traction with the demographic that we care about. An awful lot of people are now using YouTube every day in their daily lives," Google CEO Eric Schmidt said this week duringÂ the company's quarterly earnings conference call. Schmidt said Google's primary focus with YouTube is user adoption, while it also experiments with advertising models. YouTube is growing its user base and advertising very fast, to the point that it's now clear to Google that the price it paid for YouTube is clearly justified, Schmidt said. In its statement, Viacom precisely complained that Google is benefitting from its content without providing Viacom with adequate compensation. "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," Viacom said.
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Viacom Inc said on Wednesday it has selected Microsoft Corp. as its Internet advertising partner in a five-year agreement initially valued at an estimated $500 million that involves online games, shows and movies.
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Entertainment conglomerate Viacom Inc. today sued video-sharing site YouTube and corporate parent Google Inc. over what it alleges is massive copyright infringement, escalating a battle over how video content is distributed over the Internet.
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Viacom Inc.  has demanded that  Google Inc.'s  online video service YouTube pull down  all of its video clips after they failed to reach an agreement,  the company said.
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You won't find clips of comedian Jon Stewart's "Daily Show" and MTV's "Pimp My Ride" on YouTube any more, but Viacom Inc. is laying the groundwork for its videos to be available to hundreds of thousands of other sites.
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Viacom Inc.., engaged in a public copyright battle with Google Inc.'s YouTube, has agreed to offer videos to Joost, the Internet video service created by the founders of Skype and Kazaa.
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Site will run programming from the two networks and hope to compete with YouTube.
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By The Associated Press  NEW YORK - Media company Viacom Inc., which owns the cable networks MTV, VH1, Nickelodeon and the Paramount Pictures movie studio, asked YouTube on Friday to remove more than 100,000 unauthorized clips from its hugely popular video-sharing site.
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(InfoWorld) - Media company Viacom said on Tuesday that it was filing suit against Google Inc. for what it alleges are "massive intentional copyright infringement" of Viacomâs property. Viacom is seeking more than $1 billion in damages and asking the U.S. District Court for the Southern District of New York to place an injunction on Google and to prevent the company from sharing around 160,000 unauthorized video clips on the company's YouTube video sharing site, Viacom said in a statement. Google was not immediately available for comment. Viacom, which owns popular brands including MTV, Comedy Central, VH1 and Nickelodeon, said its programming had been viewed more than 1.5 billion times on YouTube, the video sharing site that Google purchased in October, 2006, for $1.6 billion. âYouTube is a significant, for-profit organization that has built a lucrative business out of exploiting the devotion of fans to othersâ creative works in order to enrich itself and its corporate parent Google," Viacom said in a statement.Â  "Their business model, which is based on building traffic and selling advertising off of unlicensed content, is clearly illegal and is in obvious conflict with copyright laws." The suit by Viacom follows a notice from Viacom in February, 2007 under the Digital Millenium Copyright Act (DMCA) to remove its videos from YouTube. Viacom alleges that Google does little to police copyright violations on YouTube. "This behavior stands in stark contrast to the actions of other significant distributors, who have recognized the fair value of entertainment content and have concluded agreements to make content legally available to their customers around the world," the company said. Shortly after buying YouTube in October, Google struck deals with Sony BMG Music Entertainment and Warner Music Group to offer music videos on YouTube and share advertising revenue. The company also negotiated with Viacom on a similar deal, but Viacom claims those negotiations were unproductive and that Google is following an "unlawful business model." "Therefore, we must turn to the courts to prevent Google and YouTube from continuing to steal value from artists and to obtain compensation for the significant damage they have caused," Viacom said.
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Microsoft and entertainment broadcaster Viacom have agreed to a five-year deal to share content and partner on advertising initiatives, the companies announced Wednesday.It&#39;s the latest agreement between content and technology companies seeking to make money by mixing premium content with advertising on the Web. The two companies valued the deal at $500 million.Microsoft will have a nonexclusive license to use TV programs and other content from Viacom, which owns MTV Networks, Comedy Central, BET (Black Entertainment Television) and Paramount Pictures, among others. The content will appear on Microsoft&#39;s MSN Web site, as well as through its Internet-connected XBox 360 games system.Viacom will also use Microsoft&#39;s Atlas AdManager digital advertising technology for its U.S. Web sites. The technology came from&#160;Microsoft&#39;s $6 billion acquisition of aQuantive, which was completed in August. AdManager can serve graphical and video ads on Web sites and has ad reporting and management features.Microsoft will also have an exclusive right to sell some display advertising inventory on Viacom&#39;s sites, and both companies will share the revenue.Microsoft and Viacom previously worked together on MTV&#39;s&#160;Urge digital music store, which was closed&#160;in August after low interest.In March,&#160;Viacom filed a $1 billion suit against Google&#39;s YouTube&#160;video service for displaying clips the network owns that were posted by users without permission.&#160;
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Under the broad partnership, Viacom's TV and movie content will find its way on to Xbox and MSN, while Microsoft will be able to server ads to Viacom's U.S. web sites.
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MTV owner Viacom Inc. said Tuesday it has sued YouTube and its corporate parent Google Inc. in federal court for alleged copyright infringement and is seeking more than $1 billion in damages