Saturday, February 17, 2007
Viacom to introduce Video Venture, challenges YouTube

In an attempt to challenge the world’s biggest video sharing website YouTube, Viacom has announced that it intends to make videos of thousand of sites available.
MTV, which is owned by Viacom, will soon allow web users to post almost all videos from MTV-owned sites on their own blogs and sites.
This step comes after Viacom took a decision on February 2, 2007, whereby it ordered YouTube to remove over 100,000 unauthorized Viacom clips from the site, claiming copyright infringement.
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