Old, new media companies agree on Web video standards

10/18/2007 | Adweek

CBS, NBC Universal and News Corp's Fox Entertainment and MySpace are among the traditional and new-media companies agreeing to a set of "collaborative principles" on copyright and other issues around online video. Google, whose YouTube is the subject of a $1 billion copyright-infringement lawsuit, is not part of the agreement, but has developed new technology to prevent copyrighted material from being posted on YouTube, according to this article.

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