One week after Google announced it was buying YouTube, several media companies have banded together to investigate whether YouTube is vulnerable to legal action over copyrighted material on its site.
According to the Wall Street Journal, lawyers from several media companies, including News Corp., NBC Universal and Viacom, say that YouTube could be liable up to $150,000 per unauthorized video. Executives hope the possibility of legal action could prompt YouTube to improve terms it offers the media companies.
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