A court battle that began way back in 2007 is finally over. Today, Viacom and Google announced that the two companies have reached a settlement in the case involving Viacom's content being uploaded on Google's YouTube site. Terms of the deal were not disclosed.
Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation. This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.
Today's announcement is a rather quiet resolution to a legal battle that began seven years ago, when Viacom sued Google for $1 billion. At the time Viacom said that 160,000 video clips from its cable TV properties were being posted on YouTube without the company's consent. Viacom and Google battled in court for three years before a judge ruled in favor of Google and YouTube. However, Viacom later got a judge to give them a second chance in 2012 to prove Google knew about the copyright infringement.
Today's statement seems to open the doors for Viacom to offer even more official clips and videos from Viacom's properties on YouTube in the future.