YouTube Gets Sued For Copyright Infringement

CNN is reporting that YouTube has been sued by Viacom  for $1 billion

• Viacom sues ‘YouTube’ for $1 billion dollars – Parent of MTV, Comedy Central hits Google with first major copyright infringement suit. Will other media firms follow? More here …
• While other media firms, notably CBS, say they see promotional value in
  having snippets of their programs posted on YouTube, Viacom has led the
  charge against YouTube since it feels entitled to advertising revenues
  tied to viewing of its programming. YouTube typically serves over 100
  million video streams a day.
• Since Google currently has more than $11 billion in cash on its balance
  sheet, that also makes it a bigger target for media companies.
• One lawyer said the case hinges on who should be responsible for
  keeping watch over copyrighted content on the Web. Is it the
  responsibility of sites like Google and YouTube to proactively remove
  pirated videos or should the onus be on media companies to ask online
  video sites to take down illegal videos after they’ve been posted.