I'm surprised you headlined it "even" Google. Google's policies are better aligned with hacker ethics than any other large tech company. (E.g., open source Android and Chrome, GSoC, efforts to free spectrum, Data Liberation Front)
More to the point, Google doesn't actually create any content and does make a lot of money from reproducing (in occasionally iffy ways; see the millions of copyright-infringing clips on youtube) other people's content.
If Disney and Universal start objecting to it you can use the word "even".