Google (NASDAQ:GOOG) and Viacom (NASDAQ:VIAB, VIA) today jointly
announced the resolution of the Viacom vs. YouTube copyright
litigation. The terms of the settlement were not disclosed.
In connection with the resolution of the litigation, the companies
issued the following statement:
“Google and Viacom today jointly announced the resolution of the Viacom
vs. YouTube copyright litigation. This settlement reflects the growing
collaborative dialogue between our two companies on important
opportunities, and we look forward to working more closely together.”
Copyright Business Wire 2014