What the hell's this, Right?
Well, as I only comment on youtube, I thought I'd follow what 'the real weekly news' asked and i'm putting this up on my page.
for Info on it go here, Mr Black(sorry dude, don't know what else to call you.) gives a very good explanation, better than anything I could have.[link]
Taken from the real weekly news Viacom - David Vs Goliath[link]The Judge"
Judge Louis L Stanton
Daniel Patrick Moynihan Courthouse
United States Courthouse
500 Pearl St., Room 2250
New York, NY10007
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Here is more information you may want to read:
As an interesting aside, CBS announced that YouTube has not harmed them at all and has actually increased their viewership making this lawsuit even more outrageous.
"Analysts have long been saying that YouTube is a gift for the TV networks: now we have the stats to prove it. CBS announced today that viewers are flocking to their TV shows after seeing the clips on YouTube. "Letterman" has gained 5 percent (or 200,000 new viewers), while "The Late Late Show with Craig Ferguson" is up 7 percent (or 100,000 viewers) since the CBS YouTube channel debuted a month ago. They've uploaded 300 clips so far, which have averaged 857,000 views per day in total - that's 29.2 million views on YouTube this month. It's also worth noting that YouTube takes that content to millions of viewers outside of the US who can't access CBS normally - if we could measure the channel's global influence and recognition, I'm sure that will have increased dramatically. CBS has three of the top 25 Most Viewed videos this month, and they have 9 of the Most Viewed videos today (let's hope they're not gaming YouTube!). What's more, they've got nearly 22,000 subscribers."
In an Adage article, CBS CEO David Poltrack state: "When you have something the public really wants, the economic value in that is to come up with a way to satisfy the rights holders and serve the consumers." That's a lesson that some media companies have been slow to learn."
He also said " YouTube has yet to do anything to adversely affect his network's programming."