King of Prussia, Pa. - Days after being served a copyright infringement lawsuit by broadcasters NBC (NYSE: GE) and Fox News (NYSE: NWS), Web video clipping service Redlasso announced on Friday that it will suspend access to its clipping service. "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," said Ken Hayward, CEO of Redlasso.

King of Prussia, Pa.-based Redlasso said it would continue to operate its internal clipping and radio-to-Web services for customers including Greater Media and XM Satellite Radio.

Related Links:
http://corp.redlasso.com/press/Redlasso_to_Stop_Access.pdf (PDF)

http://news.yahoo.com/s/nm/20080725/media_nm/redlasso_dc (Reuters)

http://snipurl.com/34zv8 (DMW previous coverage)