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Google Holding $200 Million In Escrow For Possible YouTube Copyright Cases

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First Google was rumored to be keeping $500 million back from the YouTube sale to settle possible legal problems. Then Google CEO Eric Schmidt said they weren't. Today, turns out they are. Google holds back stock in YouTube deal from the Associated Press covers the details about keeping 12.5 percent of the stock swap for one year "to secure certain indemnification obligations." What Eric Schmidt Meant When He Said Google Wasn't Holding $500 Million From YouTube For Lawsuits: We're Holding $200 Million from TechDirt does a summary, plus gives you a funny headline about the entire thing.


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