In a legal fight which has stretched over seven years, Google seems to have finally resolved their issues with Viacom over copyright violations of videos uploaded to YouTube. Information on the details of the settlement have not been publicly released.
Re/code received this rather bland statement from the two companies.
Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation. This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.
Re/code claims that no money was involved in the agreement, despite Viacom demanding $1 billion in damages compensation from Google in the 2007 lawsuit. Apparently, Google’s recent victories in the court battles have made Viacom back down on this significantly.