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REPORT: Utube sues YouTube.com
Todd Jamieson - 11/03/2006
Utube - or Universal Tube & Rollform Equipment Corporation recently has sued Youtube.com - conveniently after Google.com purchased the company for 1.6 billion.
According to the age - UTube.com, "a US company that shut down its website because it was overwhelmed by millions of people looking for YouTube has sued the online video-sharing portal."
They stated that the number of people accidentally typing in Utube.com has increased their hosting costs dramatically since Youtube.com has become the number one video sharing site on the Internet. As a result they are losing sales - and need to move their website to a new domain name (and want compensation from Youtube.com - and will sell them the utube.com domain too).
I think this is a win-win for all parties. But could be a lose-win for YouTube.com if they don't play it right and Utube.com sells to Microsoft or some other player.
Just like www.ie7.com/ mysteriously links to Firefox (but of course the domain owner has no affiliation with Mozilla Firefox at all ...)
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