Paramount to add 500 films to YouTube rentals Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 05:09 a.m., Wednesday, April 4, 2012 [...] Paramount seemed less likely to join given that its parent company, Viacom Inc., is still pursuing a 2006 lawsuit that seeks damages for alleged piracy by YouTube, which is owned by Google Inc.