Many said once Google purchased YouTube.com they would have a pleathora of law suites from companies for copyright infringement and I think that this is the 1st of many to come. More about the lawsuit here…

Read more about the $1 billion dollar lawsuit by MTV’s parent company Viacom.

From Viacom:

“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.”

From Google:

“We will certainly not let this suit become a distraction to the continuing growth and strong performance of YouTube and its ability to attract more users, more traffic and build a stronger community.”