YouTube vs. TechCrunch

TechCrunch says it has received a cease and desist letter from an attorney representing YouTube, for posting data on how to download the site's videos to a hard drive. Blogger Michael Arrington writes: "The irony of YouTube accusing others of copyright infringement is delicious."

Meantime, from the Financial Times: Google, in closing the deal to buy YouTube, says it has set aside some $204 million to address possible copyright lawsuits over the next 12 months arising from the acquisition. CEO Eric Schmidt earlier denied reports that Google had put aside $500 million for possible lawsuits.

Thanks to IWantMedia for the pointers.