
In a two-part question, Battelle, organizer of Web 2.0 Converence in San Francisco, asked whether Google’s deal included a secret reserve for legal claims and, secondly, what progress Google was making in striking licensing deals with media companies to avoid threats of legal action. “The former is not true,” Schmidt said in response to the question of whether a “very large sum of money was set aside to buy peace” between YouTube and big media companies. “The latter is,” the Google CEO continued. “We have visited as many media companies as we can” to reach copyright licensing deals that can insulate both YouTube and Google, he said. Television and video producers, along with music labels, are angry that pirated versions of their copyright programming are frequently posted by people to YouTube’s site and have become a prime attraction of the video site. We all know YouTube is full of licensed, but is there someone who wants to start the war?


