Google and Viacom Settle YouTube Copyright Suit

Viacom has settled its long-running lawsuit with Google over what the telecommunications giant alleged was willful copyright infringement by Google’s video-sharing site YouTube.

The two companies jointly announced the settlement deal with a statement Tuesday. Terms of the settlement were not disclosed.

“Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation. This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together.”

Viacom originally sued YouTube in 2007, alleging the site’s success was built on users posting clips from Viacom-owned television programs in violation of the company’s copyright.