Cross Industry Consortium Aims To Control Copyright Video On The Web

[DudeAsInCool]

Whatever they agree to may sound good on paper, but I don't see how they are going to control what the users ultimately want - more media all the time:

"In a rare cross-industry accord, a consortium of media and Internet companies led by Walt Disney Co. and Microsoft Corp. have agreed to a set of rules they will abide by in the contentious area of posting copyright material on the Web," according to the Wall Street Journal.

"Disney and Microsoft, which have been negotiating a pact for the past nine months, have pulled together a group that also includes General Electric Co.'s NBC Universal, Viacom Inc., CBS Corp., News Corp.'s Fox and MySpace units, Veoh Networks Inc. and Dailymotion SA. Notably absent is Google Inc., which had been in discussions about possibly joining the group.

The copyright holders in the group have agreed not to pursue Internet companies for infringement claims if their sites adhere to certain principles. Those principles include eliminating copyright-infringing content uploaded by users to Web sites, and blocking any infringing material before it is publicly accessible."

Read More @WSJ