Well, it seems that the first of the major lawsuits against Google/YouTube has started. Google took a monster gamble in purchasing YouTube. Was it worth it? I think they anticipated the incoming lawsuits and perhaps even the amount. I don't think this lawsuit will hurt Google, except in a short turn stock dive. As I had mentioned before, Google's best move is to merge with Apple and become a new media conglomerate. With Apple and Google's money, they could go on a buying spree in purchasing massive shares in various media companies to hold a controlling stake (if not buying them outright). Trying to battle this one in court is futile as the court's rulings on these issues have not been merciful towards technology companies. In this case, you gotta fight fire with water. Here, the water is purchasing massive shares and voting key officers out. In some ways, I find this to make sense since in the long term interest for Google, they would want to form strategic alliances with media companies for ad placement. But the founders of Google gotta realize that it's not all fun and games anymore. They gotta get into corporate politics or politics will come to them fast.
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