Red Lasso closes video search after being sued

File this one under inevitable. RedLasso, which announced the closure in a statement on Friday, recorded TV shows and then indexed clips so users could find, pull, and embed them on other Web sites. They did so without permission. The company had suggested that they were in the talks about obtaining licenses. RedLasso will keep operating its Radio To Web service, which allows radio stations to search and upload its content to its own Web site. In May, NBC Universal flatly denied that they had any affiliation with RedLasso when the entertainment company sent a letter accusing RedLasso of "building a business based on the unauthorized syndication of" the content owners' shows. The era of companies following in YouTube's shoes is over. No more are the studios going to sit back and allow tech startups use their content to grab... [read full story]