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November 08, 2006

Google Video Sued for CopyRight Infringement

posted by MR WAVETHEORY at 11/08/2006 11:29:00 PM
Larry announces Google Video

In the 10-Q just filed by Google (Nasdaq GOOG), Google reported Google Video has been sued for copyright infringement. Not much information was provided on who sued.
Certain entities have also filed copyright claims against us, alleging that features of certain of our products, including Google Web Search, Google News, Google Video, Google Image Search, and Google Book Search, infringe their rights. In addition, our planned acquisition of YouTube may also subject us to additional copyright claims upon the closing of the transaction. Adverse results in these lawsuits may include awards of damages and may also result in, or even compel, a change in our business practices, which could result in a loss of revenue for us or otherwise harm our business.

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