Variety reports that Viacom is suing both YouTube and Google for "massive intentional copyright infringement" asking for more than $1 billion in damages and an injunction prohibiting the compaies from allowing further clips from being uploaded onto the sites. Viacom claims that 160,000 unauthorized clips of Viacom content have been viewed 1.5 billion times on the video sharing service.
"YouTube is a significant for-profit organization that has built a lucrative business out of exploiting the devotion of fans to other's creative works in order to enrich itself and its corporate parent Google," Viacom said, in a statement. "Their business model, which is based on building traffic and selling advertising off of unlicensed content, is clearly illegal and is in obvious conflict with copyright laws."
So is this the end of YouTube?