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Viacom demands YouTube pull 100K clips
February 03, 2007 The media conglomerate has contended that the Google-owned YouTube is unwilling to reach "a fair market agreement that would make Viacom content available to YouTube users." "YouTube and Google retain all of the revenue generated from this practice, without extending fair compensation to the people who have expended all of the effort and cost to create it," an MTV spokesman said Friday, adding that virtually every other distributor has conceded the fair value of entertainment content and has taken deliberate steps to secure agreements with content providers. In response to Viacom's call for removal, YouTube said that it will comply with the request, adding that the viral video site "cooperates with all copyright holders to identify and promptly remove infringing content as soon as we are officially notified."
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