Youtube: I told you so :)

In a previous post (http://www.fabricegrinda.com/?p=120), I mentioned that my biggest concern with the Google / Youtube deal was not the valuation, but copyright issues. Now that Viacom has sued Google for $1 billion, those fears seem validated.

That said, traditional media companies probably donโ€™t want to alienate their viewers too much by refusing to embrace the web so chances are that they will settle for a large dollar amount plus a licensing deal.

I wonder how much of the $1.65 billion was put in escrow to be used against copyright claimsโ€ฆ