Viacom Loses $1 Billion Lawsuit Against YouTube

Great news.

Viacom’s bogus lawsuit, filed 2007, has been dismissed .

If you like YouTube, you should be celebrating.

The billion-dollar YouTube-Viacom case has finally been resolved, and the winner is … YouTube. In a statement published to its company blog this afternoon, YouTube writes, “The court granted our motion for summary judgment in Viacom’s lawsuit with YouTube. This means that the court has decided that YouTube is protected by the safe harbor of the Digital Millennium Copyright Act (DMCA) against claims of copyright infringement.”

YouTube goes on to say in its statement, “This is an important victory not just for us, but also for the billions of people around the world who use the web to communicate and share experiences with each other.”

Of course, Viacom could quickly appeal the ruling, and this case could be dragged out for several more years. Stay tuned.

Mashable

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