Redlasso Inc. today suspended access by bloggers to its video search site two days after some networks sued the King of Prussia company in federal court.
The company will continue to provide services to its business and radio customers, including Greater Media and XM Satellite Radio.
Here's what Ken Hayward, CEO of Redlasso, had to say:
We are very disappointed in the actions of select networks. We believe we have always acted within the law and have been respectful of the networks' rights. Unfortunately, they have forced our hand and are denying the blogging community access to the Redlasso platform that beneficially tracks the usage of newsworthy clips across the Web.
Hayward goes on to say that the company intends to continue talking with content providers in an effort to reach formal partnerships that "will be beneficial to the content owners and blogging community."