It's just traditional media companies being traditional media companies.
Viacom and its subsidiaries like CBS, Comedy Central, etc are simply acting like Universal's NBC and Disney's ABC. They have "Seen-us envy" -- that disease that has old media companies becoming paranoid because the audience gets to see their content, they even get paid, but they can't control the distribution.
So, Viacom let the other shoe drop yesterday in Federal Court suing Google over YouTube for more than $1 billion in damages. This suit makes Clear Channel look like a nickel and dime litigator. Viacom is becoming the new Clear Channel while&hellip
Recent Posts
- Trouble Signs for Election Cycle Ad Spends
- The Cumulus Bankruptcy Date is Now Known
- Is Warren Buffett Right About SiriusXM
- The Bad Blood Between iHeart & Audacy
- Urban One’s Fatal Mistake
- What Follows the Dying Media Business
- The Pending Cuts Coming for Late 2024-25
- Is iHeart Behind Audacy’s Bankruptcy Delay?
- Music’s Mental Health Crisis
- The SEC Snags Cumulus for Being Dishonest