Google offered Viacom $592 million for content

From CNET News.com: Not long after Google acquired YouTube, the search engine offered nearly $600 million in guaranteed revenue if Viacom--the parent company of MTV Networks, Comedy Central, and Paramount Pictures--licensed its TV shows and films to YouTube, records show.

News of Google's offer was revealed in documents released on Friday by a Manhattan federal court and reviewed by CNET. In March 2007, Viacom filed a copyright lawsuit against Google and YouTube and it has become one of the most watched legal disputes in the tech sector.

In a deposition given by Google co-founder Larry Page on October 1, 2009, a Viacom lawyer pointed out that Google's senior management made an offer to Viacom that Google had figured was worth $592 million.

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