Viacom Admits Mistake Over Parody on YouTube

Activist groups dropped a federal lawsuit against Viacom Inc. after the parent of Comedy Central acknowledged it made a mistake by asking YouTube to yank a parody of the cable network's "The Colbert Report." Although the video in question contained clips taken from the television show, the groups argued that their use was protected under "fair use" provisions of copyright law, and thus Viacom shouldn't have asked YouTube to remove the item.

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