On June 23, Viacom's claim for $1 billion in damages was shot down when the District Court for the Southern District of New York found YouTube and its owner Google not liable for copyright infringement in a much-anticipated decision. The two corporate giants have been at it since 2007, when Viacom joined with other plaintiffs including Paramount Pictures and sued YouTube, claiming that the online video service was legally responsible for copyright infringement when users posted clips of copyrighted material, including The Daily Show and The Colbert Report, owned by plaintiffs.
Considered by some to be THE original user generated content, here is 1977's "Hardware Wars." The movie, starring Fluke Starbucker and Ham Salad apparently took $8000 to make, though distribution was understandably more difficult at the time.
Eric Goldman reminds us (here, here) that angry companies and individuals are still suing Xcentric Ventures, LLC and Ed Magedson left and right over reports submitted to Ripoff Report. Ripoff Report is a website that allows users to post reports about
individuals and companies that they believe have "ripped them off" or
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