Media

Viacom's Redstone Just Hedging Google/YouTube Bets?

From Internet Oursider

One massive old media conglomerate, Viacom, is so outraged about Google’s "willful copyright infringement" that it is suing Google for $1 billion.  Another massive old media conglomerate, CBS, finds Google so easy and fair to deal with that it has struck a major clip-distribution deal.  Is this strange?  Only because both conglomerates are run by the same man.

Possible interpretations:

  1. Sumner Redstone really has gotten absent-minded in his later years.
  2. Les Moonves actually does run CBS.
  3. Phillippe Dauman actually does run Viacom.
  4. Sumner Redstone still is a clever fellow…one who wants to continue to gather as much information as possible while he decides what to do about YouTube.

Interpretation 1 is possible, but unlikely.  Interpretations 2 and 3 are inconceivable.  So my money’s on No. 4.

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