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Baidu Directing Viewers To Pirated Videos, MPAA Say

Youku Tudou (YOKU), Sohu (SOHU) Video and several other Chinese companies have teamed up with the Motion Picture Association of America to sue China search leader Baidu (BIDU) over copyrighted video content. The group is seeking about $49 million in damages, alleging that Baidu and software maker QVOD make it easier for users to find and download pirated video. “A large number of Chinese and foreign films and television productions are distributed

China’s Sohu Lags Views On Weak Ads

Is there a little trouble in big China? U.S. shares of Sohu.com (SOHU), China’s most-visited Web portal, and Changyou (CYOU), its online games unit, fell Monday after the pair gave weak guidance for the current quarter and reported mixed fourth-quarter results. When excluding profit from Changyou shares it doesn’t own, Sohu said it earned 76 cents a share last quarter, down 48% from $1.45 in the year-earlier quarter. Including Changyou, it said it