YouTube and TimeWarner continue negotiations
The fact that Google took over YouTube this week is no reason for the US media group Time Warner to break off copyright negotiations with the video portal.
The fact that Google took over YouTube this week is no reason for the US media group Time Warner to break off copyright negotiations with the video portal.
As Time Warner boss Dick Parsons emphasized to the British Guardian, negotiations with YouTube will now continue at Google level. Google bought the cult site YouTube for 1.65 billion dollars at the beginning of the week. The search engine giant has thus secured access to the new market for video advertising, writes SDA.
However, industry experts also fear that Google's takeover could lead to a flood of copyright lawsuits, as YouTube users often post protected content such as Hollywood films online without permission. Future plaintiffs could be eyeing the bulging coffers of the new YouTube owner. However, Parsons denies that the negotiations with YouTube are connected to its takeover by Google. TimeWarner would have had to clarify the copyright issues with YouTube otherwise as well. TimeWarner had already agreed to cooperate with Google on online videos last year.
As Time Warner boss Dick Parsons emphasized to the British Guardian, negotiations with YouTube will now continue at Google level. Google bought the cult site YouTube for 1.65 billion dollars at the beginning of the week. The search engine giant has thus secured access to the new market for video advertising, writes SDA.
However, industry experts also fear that Google's takeover could lead to a flood of copyright lawsuits, as YouTube users often post protected content such as Hollywood films online without permission. Future plaintiffs could be eyeing the bulging coffers of the new YouTube owner. However, Parsons denies that the negotiations with YouTube are connected to its takeover by Google. TimeWarner would have had to clarify the copyright issues with YouTube otherwise as well. TimeWarner had already agreed to cooperate with Google on online videos last year.
