10/27/2006

The request by the Japanese Society for Rights of Authors, Composers and Publishers for YouTube to take down nearly 30,000 allegedly pirated video clips, offers yet another reason why the site needs to resolve copyright issues to ensure its longstanding success. Once Google closes its $1.65 billion acquisition of YouTube, the stakes will get that much higher, because copyright holders seeking restitution would be able to tap the search giant's deep pockets, which at the moment carry $10.4 billion in cash.

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