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Fine Brothers Cancel Their Plan To Trademark 'React' Videos Amid MASSIVE YouTube Backlash!

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All kinds of YouTube drama, y'all!

You probably know the works of Benny and Rafi Fine — AKA Fine Brothers Entertainment — if you've spent any time on the huge video platform.

The duo created a huge series of React videos about various pop culture and current events topics — including things like Kids React, and React Gaming — and they had in total more than 20 million subscribers on their YouTube channels… until this week.

Related: Keep Up With All YouTube News HERE!

It all started at the end of last week when the duo announced they were trademarking the "React" theme and license shows to creators.

When news of their announcement came out, the YouTube community LOST IT, arguing that the two brothers didn't invent the reaction format, and thus, didn't deserve to trademark it and then charge the many YouTube channels that do similar videos.

At first, the brothers came out with a video addressing the backlash (below):

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Giddyup! Hulu Paid Way More Than The Price Of A Big Salad For The Rights To Stream Seinfeld!

Filed under: TV NewsJerry SeinfeldBusiness BlitzGIFsNetflix

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Get ready for every season to be the Summer of George!

Hulu is trying to take on Netflix any way they can and their latest move may tip the scale in their favor!

The streaming giant has reportedly bought the SVOD, or subscription video on demand, rights for Seinfeld but it's the numbers they paid in the deal that have many eyes popping from their sockets!

[ Related: Jason Alexander Gives Seinfeld Superfan Kat Dennings A One-Of-A-Kind George Costanza Voicemail! ]

That's because the deal that Hulu made with Sony Pictures TV for all 180 episodes is a whopping $180 million dollars!

That's a lot of cheddar but it may be worth it for the show many consider to be the greatest series ever!!
This deal is going to be a festivus for the rest of us!!!

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Cash Money Records Sued Over Lil Wayne's Tha Carter III Licensing Rights…AGAIN!

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This is so late; Tha Carter IV already came out! HA!

EMI Music has slapped Cash Money Records with threat of legal action after YMCB skipped some licensing payments.

Lil' Wayne's Tha Carter III is the only record in question and EMI previously sued Cash Money for copyright infringement of the album.

EMI and Cash Money settled and the latter agrees to pay EMI in two installments, and paid the first.

So, you guessed it: Cash Money hasn't paid the second and EMI wants THEIR cash money!

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Netflix Falsely Accused Of Pulling The Bodyguard From Streaming After Whitney Houston's Death!

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Oh boy. This is one hell of a flub!

Netflix was thrown into scandal this past weekend when Google Plus Week host Dan McDermott noticed that the Whitney Houston film The Bodyguard was no longer available for streaming, and was allegedly told by a company representative that the studio pulled the film so they could make money on DVD sales in light of her death!

However, the whole thing turns out to be a misunderstanding, and McDermott is the first to admit it!

According to him, the rep with whom he spoke "had bad information" and once he checked the film's cache, he discovered

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Why Were Astro's Headphones Such A Big Deal On X Factor?

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And now it all makes sense!

Actually, it makes what this kid did even MORE effed up!

We reported yesterday EXCLUSIVELY on PerezHilton.com that Astro had caused quite a bit of problems on X Factor this week when he not only acted like a petulant child and refused to perform after being knocked to the bottom two and facing elimination, but also outright disregarded producers when he went on-stage wearing Dr. Dre's Beats headphones around his neck, which the reality competition does not have the right to air due to licensing, and are now probably facing one hell of a fine!

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