MOUNTAIN VIEW, Calif., March 18 (UPI) -- YouTube and Viacom have reached a settlement over a 7 year battle; Viacom alleged that YouTube facilitated the posting of copyrighted material on its site.
The terms of the out-of-court settlement have not been disclosed but it brings to an end a legal battle that started in 2007. Viacom sued YouTube for $1 billion in 2007, claiming that its shows, such as The Daily Show with Jon Stewart, South Park and SpongeBob SquarePants, had been uploaded on the site and viewed thousands of times.