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It’s over! Viacom and Google settle YouTube lawsuit

A man enters Viacom headquarters in New York.
Daniel Acker | Bloomberg | Getty Images
A man enters Viacom headquarters in New York.

Viacom, which been suing Google over alleged copyright violations at its YouTube unit since 2007, has settled out of court, the two companies announced today.

The two companies didn't announce any details, but did offer this statement: "Google and Viacom today jointly announced the resolution of the Viacom vs. YouTube copyright litigation."

Re/code has the whole story.

By Peter Kafka, Re/code.net.

CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.