Google Spent $100 Million Defending Against Viacom
During a conference call Google CFO Patrick Pichette said that Google invested $100 million defending YouTube against Viacom’s $1 billion lawsuit.
Way back in 2007, Viacom sued Google for $1 billion in damages over 160,000 unauthorized clips uploaded to YouTube. Since then, Google and Viacom have been in and out of court fighting this battle. Google maintained that it is and was protected by the DMCA (Digital Millenium Copyright Act).
Last month, the court granted a motion in favor of Google, throwing out the lawsuit. But the victory did not come cheap. Google had to spend $100 million in its defense. In the end Google still has $30 billion in the bank.






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