I came across this story while browsing through another website called “Stolen Stories“. It talks about MTVs plan to challenge youtube’s online video sharing empire. Pretty interesting.

It’s well known that MTV owns the teenagers offline media market and it is obvious as long as the television provides instant access to latest songs and videos for free. In the latest period, the owner of MTV, Viacom, was involved in a worldwide dispute with Google’s YouTube, an online video-sharing service that allows users to upload and share movies using a simple…

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