Google is
reportedly telling major entertainment companies that they have allocated over $100 million as special licensing deals if the companies promise they won't sue them for the next three years. Time Warner, News Corp., NBC and Universal, would agree not to sue Google over any YouTube copyright infringements and the payments in question would be some kind of holdover until Google can figure out how to make serious money through revenue sharing and advertising. If Google can get these major companies to sign the deal, not only will it be the premier location for video and change viewing patterns, but this could potentially open the eyes of entertainment companies to try out more deals that could potentially benefit their audience. There have been no lawsuits from major entertainment companies yet, so it seems as though they could be trying to negotiate some deals.
Tags: court, google, payoff, sue, youtube
