Company allows video clips for personal use

Viacom will allow users full access to its collection of video clips from their many Web sites for personal use on blogs and sites.

The company, whose holdings include Paramount, Comedy Central MTV, recently sent orders to to remove over 100,000 clips from the popular site. Users can now go directly to the sites to embed videos into their own sites, such as MySpace. This allows the company to compete with YouTube and control the web content available to users.

The move follows the recent round of layoffs from MTV Networks, which axed 250 jobs nationwide. For more info about the layoffs, click here.

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