YouTube is in big trouble now, and they may face a lot of loss.

An Italian media company, Mediaset, throwing a whooping $779 million lawsuit against YouTube for allegedly distributing and using its audio and video files illegally.

Mediaset said that YouTube apparently has in its video database around 4,643 Mediaset-owned videos amounting to around 325 hours of broadcasting without getting paid for its rights. Mediaset is also claiming that with the number of hits that its videos are generating, the company is already running at a lost of around 315,672 broadcasting days. Here is YouTube’s response:

YouTube respects copyright holders and takes copyright issues very seriously,” YouTube said in an e-mailed response. “There is no need for legal action and all the associated costs. We prohibit users from uploading infringing material, and we cooperate with all copyright holders to identify and promptly remove infringing content as soon as we are officially notified.

We have known what the result will be, but now we can learn something from this case, that is, when you run your own video sites or any other kinds of site, please pay high attention on copyright, or you may be in lawsuit.

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