(The Hosting News) – Google and Viacom have settled a seven year long copyright infringement lawsuit today regarding the use of unauthorized material on YouTube.
The two companies announced the resolution in a joint statement on Tuesday saying, “This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.”
Viacom filed a suit against YouTube in 2007 seeking more than $1 billion in damages for the illegal use of video clips from shows such as “South Park”, “SpongeBob SquarePants”, “The Daily Show with Jon Stewart”, and many more.
According to Reuters, Viacom’s suit claimed that YouTube had allowed 79,000 copyrighted videos to be uploaded on its website between 2005 and 2008, a lawsuit that Google argued fell under the Digital Millennium Copyright Act.
The terms of the agreement were not disclosed, however CNN reported that neither company will have to pay money to the other, citing a “person with direct knowledge of the terms.”
U.S. District Judge Louis Stanton had rejected Viacom’s claims, concluding that Google and YouTube were protected by the “safe harbor” provisions in the law.