Google, Viacom settle landmark YouTube lawsuit | Reuters: "Tuesday's settlement was announced 11 months after U.S. District Judge Louis Stanton in Manhattan rejected Viacom's damages claims over YouTube's alleged posting of clips from "The Daily Show with Jon Stewart," "South Park," "SpongeBob SquarePants" and other programs that viewers had uploaded.
Stanton concluded that YouTube didn't have to constantly scour its website for infringing videos, so long as it removed such videos after receiving demands from copyright owners.
Viacom had been appealing that decision to the 2nd U.S. Circuit Court of Appeals in New York, and oral argument had been scheduled for March 24." 'via Blog this'
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