Web 2.0 News

Viacom Snubs Google Again, Partners With Yahoo On Search Advertising
Viacom hasn't been gentle with Google this year. In February they slammed Google/YouTube with a massive DMCA take down demand (and an equally massive press outreach). A month later they sued Google for a billion dollars . Between those two events they signed a content deal with Joost , a YouTube competitor in the professional content space. All of this seems to stem from the fact that Google promised Viacom a revenue share deal on YouTube, then failed to table a compelling offer.

Source: http://www.techcrunch.com/2007/04/10/viacom-snubs-google-again-partners-with-yahoo-on-search-advertising/