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Viacom Sues YouTube For Copyright Infringement

Viacom has hit YouTube for copyright infringement, demanding one billion dollars and an injunction against the popular online site. Other content providers have alleged copyright infringement against YouTube but have then come to terms with the company, signing licensing agreements, obviously seeing an advantage in having their products available online. Read more here in an article on CNNMoney.com and here in an AP article carried in the Toronto Star.