The Financial Times reports that Eric Schmidt’s Google is running from media company to media company trying to offer upfront cash, in sums of “tens of millions of dollars,” to slow and “halt” the threat they pose to YouTube. FT.com says that Schmidt met with CBS, Viacom, Time Warner, NBC Universal, News Corp and others recently. There are some more details over at paidContent.
Google Working To Stop Lawsuits Over YouTube
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