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Viacom: Cases
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As copyright suits go, Viacom v. YouTube is about as big as they get: a $1 billion claim, charging YouTube with unlawfully showing Viacom cable-TV programs like SpongeBob SquarePants. Below, a briefing on the case, which was filed in March.
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Dauman said he has committed to investing $5 million of his own money in Viacom stock, while Dooley will earmark $4 million. Their compensation packages are much less cash-based than Viacom executive packages in the past, Dauman said. Details of the packages are expected to be filed this week with the Securities and Exchange Commission.
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Google may be rich, but they are nowhere near big enough to bankrupt Viacom. Viacom has a revenue of over $9.6 Billion USD, whilst Google has $10.6 Billion (according to Wikipedia), but this isn't the case of a smaller firm trying to sue a giant. If anything, Viacom, as a conglomerate, will probably have greater cash reserve and certainly has more assets which can be sold off in the event of it needing more cash.
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