In the wake of Viacom's decision to pull its content from YouTube, media executives are piling on the criticism for the user-generated online video site. On Tuesday, new NBC chief Jeff Zucker chided
both YouTube and parent Google for failing to implement a new automated system for detecting copyrighted material. On Wednesday, IAC/InterActive Corp. CEO Barry Diller sided with the traditional media
companies.
"What's happened is that media companies have said, 'We're not gonna let you get so strong in distribution,'" Diller said, likening it to HBO's dominance in acquiring
movies for cable decades ago. "It's smart for Viacom, which said, 'Let me be really clear--you're not gonna take stuff that I made, then massage it and control it for other people.'" Diller added that
despite YouTube's impressive traffic, its "tools are going to be everywhere. It's not going to be one place to go."
Read the whole story at Broadcasting & Cable »