Tag Archives: Viacom Inc
Viacom’s $1 Billion Lawsuit Against YouTube Moving Forward
Just when you thought Viacom’s $1 billion lawsuit against YouTube was over, the U.S. Circuit Court of Appeals in Manhattan has ruled that YouTube will need to defend themselves from the lawsuit by Viacom in court. Viacom filed the $1 billion lawsuit against YouTube in 2007. Viacom said that YouTube was responsible for a huge amount of copyrighted material uploaded by YouTube users.
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Categories Google, Viacom, Viacom Inc, YouTube
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Colbert Report and Jon Stewart Return To Hulu Through Viacom Partnership
The Daily Show With Jon Stewart and The Colbert Report are returning to Hulu.com through a broad content agreement with Viacom. Each of the shows will be available on Hulu.com the morning after they air. Hulu will also offer episodes of Jersey Shore, The Hills, Chappelle’s Show, Reno 911, Teen Mom 2, and Tosh.0 21 days after the on-air premiere. “Welcome to Hulu Plus, Snooki,” wrote CEO Jason Kilar on the Hulu blog.
Viacom Sells Harmonix To Columbus Nova
Viacom, Inc. (NYSE:VIA.B) has sold Rock Band franchise company Harmonix for $200 million to Columbus Nova. Analysts of Viacom’s business strategy have questioned why a company known for cable networks is involved in the video game industry.
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Categories Harmonix, Viacom, Viacom Inc
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Viacom Is Appealing YouTube Lawsuit
Viacom is appealing their lawsuit against YouTube. A federal court had ruled in favor of YouTube when Viacom sued them for copyright infringement. In a 72-page filing by Viacom, the company is arguing that if the lower ruling stands, it will “radically transform the functioning of the copyright system and severely impair, if not completely destroy, the value of many copyrighted creations.”
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Categories Google, Viacom, Viacom Inc, YouTube
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Viacom Networks Comedy Central and MTV Block Google TV
This sounds like YouTube all over again. Viacom is refusing to join Google TV. This means Comedy Central, MTV, Paramount, Dreamworks, Spike, CMT, Xfire, Go Fish Pictures, and VH1 will not be appearing on Google TV. Other major networks that are blocking Google TV include ABC, NBC, and CBS. Viacom is blocking full episodes on the Logitech Revue and Sony Internet TVs too. [Engadget]
Categories Google TV, Viacom, Viacom Inc
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Viacom Wants To Sell Off Haromonix, Developer Of Rock Band
Viacom, the parent company of MT V announced today that they are in talks to sell off Harmonix. Harmonix is a Massachusetts based subsidiary that developed the popular music video game Rock Band. Viacom had recorded $260 million in write-offs on the value of Harmonix for the third quarter.
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Categories Harmonix, Rock Band, Viacom, Viacom Inc
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Viacom’s Court Loss Could Make YouTube Profitable
Today a judge threw out a $1 billion copyright lawsuit filed by Viacom against YouTube. This lawsuit has been dragging out ever since Google bought YouTube. YouTube is now protected by the Digital Millennium Copyright Act. Essentially Viacom could not prove that YouTube failed to remove video clips after being notified about copyright infringement.
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Categories Google, Viacom, Viacom Inc, YouTube
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Forget VJs! MTV Looking To Hire Twitter Jockey.
MTV is on the hunt to hire a social media expert for a position called Twitter Jockey. The Twitter Jockey will interact with MTV fans constantly. Currently MTV has 18 potential candidates, but is looking to hire two more.
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Categories MTV, Music Television, Twitter, Viacom, Viacom Inc
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Viacom Claims YouTube “Was Intentionally Built on Infringement”
Viacom, the parent company of brands such as MTV, VH1, Comedy Central, Spike TV, etc. filed a lawsuit against Google shortly after they acquired YouTube. Within the last 24 hours, legal documents in the copyright infringement lawsuit against YouTube by Viacom were made public. Below is a statement that Viacom released [Viacom.com]:
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Categories Google, Viacom Inc, YouTube
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Joost Is Further Fading Into Irrelevance
Joost was started by Niklas Zennström and Janus Friis back in October 2006. The company raised about $45 million in funding shortly after starting up. Investors included Sequoia Capital, Index Ventures, Viacom, CBS and Li Ka-shing. Joost killed off their desktop application and became purely a web service in September 2008.
Joost announced that they have replaced former CEO Mike Volpi. Joost SVP of Engineering Matt Zelesko will be replacing Volpi. However Volpi will remain as Chairman of the board.
As a result of Joost’s lack of growth compared to YouTube, Hulu, and other video services Joost has decided to focus on providing video platforms for bigger companies. There will also be major layoffs. Joost employs about 100 people in New York and London.
[via Reuters]
Categories CBS, CBS Corp, CBS Corporation, Index Ventures, Joost, Li Ka-Shing, Matt Zelesko, Mike Volpi, Sequoia Capital, Viacom Inc
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