Viacom launches billion-dollar lawsuit against YouTube

Don't media execs understand how regressive this lawsuit is? This is the new media! This is what it's going to look like from now on! Roll with it and capitalize it instead of trying to dismantle it!
Millions of YouTube users are not illegal--they're revolutionary.

Published: Tuesday March 13, 2007

US entertainment giant Viacom Tuesday launched a billion-dollar lawsuit against Google and its affiliate YouTube, accusing the video-sharing website of "massive" copyright infringement.

Viacom, whose holdings include MTV and Paramount Pictures, said YouTube had "built a lucrative business out of exploiting the devotion of fans to others' creative works in order to enrich itself and its corporate parent Google."

"Their business model, which is based on building traffic and selling advertising off of unlicensed content, is clearly illegal and is in obvious conflict with copyright laws," the media-entertainment firm said in a statement.