YouTube Signs Deal With Warner Music

BBC News:

Video-sharing site YouTube has signed a deal with media giant Warner Music to allow its material to be used legally.

It means interviews and videos by Warner’s artists can be used in return for a slice of advertising revenue.

The agreement also covers the use of material in homemade videos, which form a large part of YouTube’s content.

A few more deals like this and YouTube just might make it. (Via Jesper via AIM.)

★ Monday, 18 September 2006