​Google and Viacom settled an epic, seven-year copyright lawsuit on Tuesday that had seen the internet giant accused of illegally posting Viacom programs to its YouTube platform.

No terms were disclosed and no money changed hands, but Viacom had demanded $1 billion from YouTube and other parties when it first filed the case in 2007.

“This settlement reflects the growing collaborative dialogue between our two companies on important opportunities, and we look forward to working more closely together,” both sides said in a joint statement.

Almost a year ago, Viacom lost its case at the trial court when U.S. District Judge Louis Stanton sided with Google and ruled that YouTube didn’t violate Viacom’s copyrights when posting clips from popular shows like “South Park” and “The Daily Show.”

Stanton ruled that YouTube didn’t have to be constantly looking for clips to take down, as long as it did so when they were flagged for its attention.

Viacom had been gearing up for an appeal, with oral arguments at the 2nd U.S. Circuit Court of Appeals scheduled for next week.

Tuesday’s settlement scraps that appeal.

Read More: Reuters, The Hollywood Reporter

Brief Take: Tuesday’s settlement puts to rest a long-running legal dispute that tested the limits of the Digital Millennium Copyright Act of 1998 that created most of the anti-piracy rules that now govern the online entertainment industry.

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