YouTube Has Paid $1 Billion to Copyright Holders Since 2007; NBCNews.com, 10/14/14

NBCNews.com; YouTube Has Paid $1 Billion to Copyright Holders Since 2007:

"YouTube has paid out a cool $1 billion to copyright holders since 2007, the company confirmed to NBC News. It's all part of YouTube's Content ID program, which, according to a Google spokesperson, scans 400 years' worth of content every single day for potential copyright issues...

The majority of Content ID's 500-plus partners decide to monetize instead of ban those videos, according to Google, which could explain why the entertainment industry shifted from complaining about YouTube to awarding it a Primetime Engineering Emmy Award in 2013."