Mammon strikes again - shoots self in foot

Here's another report of the short-sighted corporate greed dominating the mainstream media industry's executive suites:

Viacom [has] asked YouTube to remove more than 100,000 unauthorized clips from its video-sharing website, YouTube.com.

Viacom said ... “it has become clear that YouTube is unwilling to come to a fair market agreement that would make Viacom content available to YouTube users.”

A YouTube representative said it would comply with the request, and added, 'It's unfortunate that Viacom will no longer be able to benefit from YouTube's passionate audience, which has helped to promote many of Viacom's shows.' "

Well, duh. But no doubt Mammon is happy... for now, anyway.