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Google Deny Having $500 Million Set Aside For Legal Fees Over YouTube

By Bitesize ⋅ November 10, 2006 ⋅ Print This Post Print This Post ⋅ Post a comment

A Rumour Was Started In Which Was Said That The Search Engine Giant Google Had Set Aside A Fund Of $500 Million To Deal With ANy Legal Issues That May Come Up Dealing With New Purchase Youtube.com.

Chief Executive Of Google, Eric Schmidt Denied That Such A Fund Existed.

Google Are Constantly Trying To Strike Up Deals With Media Companies Allowing YouTube To Have Their Content On Youtubes Servers.

But Everyday TV And Video Producers Are Constantly Contacting Google About Their Content. As They HAve Not Signed Anything With The Giant.

 

Schmidt Himself Said That Youtubes Success Depends On This Technically Illegal Content.

 

Google, YouTube, Legal, Rumours, Rumors, 

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