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

First Google was

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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