Facebook to Buy Giphy for $400M

Re:Facebook to Buy Giphy for $400M by pbhjpbhj on Friday May 15, 2020 @05:08PM (#23197431)

I thought the DMCA reporting system was basically made for Google (maybe by Google???) so they could have a middle-ground. They shift responsibility to content owners, through the law; then sell themselves as virtuous through ContentID and keep enough infringing content to not too deleteriously effect their platform -- collecting ad revenue even on content they allow that's infringing.

You can say what you like, but that's genius level politics-business IMO.

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Re:Facebook to Buy Giphy for $400M by zarriak on Friday May 15, 2020 @08:33PM (#23199210)

no their problem is that the DMCA system sucks as it wasn't even written this century (1998), so they created ContentID as a response. They do benefit from the way the system exists currently because of this since the cost of developing a competitor to ContentID is so seemingly prohibitively expensive that nobody else tries to do what YouTube does.

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