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Seven years after their dispute began, Viacom and YouTube, a unit of Google, announced Tuesday morning that they had settled a copyright violations battle out of court. The agreement comes just before the two companies were to return to court next week and reflects the changed landscape concerning allegations of copyright violations on the web.
Neither Viacom, the owner of cable channels like Comedy Central and the Paramount Pictures movie studio, nor YouTube, the leading global platform for online video, would reveal the terms of the settlement, but the digital news site ReCode reported that no money passed hands.
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