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"Viacom sued Google and YouTube way back in 2007 for allegedly ignoring copyright infringement, and losing the lawsuit in 2010 was no deterrent -- the media giant won an appeal two years later. However, that longstanding animosity is now water under the bridge: the two companies have just reached a settlement. The companies haven't revealed the terms of their deal, although they say that it reflects a \"growing collaborative dialogue\" between the two sides. YouTube's gradual shift toward officially sanctioned content no doubt helped, as did a ruling that the site was protected by safe harbor rules so long as it didn't actively contribute to piracy. Whatever the exact motives, Recode hears from a source that no cash traded hands. If true, the tip suggests that Viacom didn't believe compensation would be worthwhile after so many years."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.engadget.com/2014/03/18/youtube-viacom-settlement/>