No details yet on the terms of the agreement ending the $1B action that Viacom launched in 2007. The entertainment giant and Google’s YouTube say the resolution is a sign of the “growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.” Viacom had alleged that YouTube profited by turning a blind eye toward instances where users improperly posted its content, including clips from Comedy Central’s The Daily Show. But Google said that the Digital Millennium Copyright Act’s “safe harbor” provisions absolved it of responsibility for infringements by its users. Google largely prevailed in decisions at the U.S. District Court in New York, and in appeals. But Viacom continued its appeal, charging that YouTube induced users to post copyright infringing content.
Here’s today’s release:
MOUNTAIN VIEW, Calif. & NEW YORK– Google (NASDAQ:GOOG) and Viacom (NASDAQ:VIAB, VIA) today jointly announced the resolution of the Viacom vs. YouTube copyright litigation. The terms of the settlement were not disclosed.
In connection with the resolution of the litigation, the companies issued the following statement:
“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.”