Andre Yoskowitz
31 May 2007 16:02
This morning, Google announced that it had signed a deal with EMI that would allow users of the gigantic social video site YouTube to view videos and other content from the label's artists. The deal would also allow for users to use portions of the artist's videos in their own content.
The agreement now means that YouTube has distribution deals with all four of the major worldwide labels. "We're excited to add EMI Music's stellar roster of artists' content to our site and make it available to our community," YouTube CEO and co-founder Chad Hurley said in a statement.
The deal does more to protect YouTube from future lawsuits brought by content porviders and copyright holders. Recently, YouTube was sued by Viacom which is hoping for $1 billion USD in damages over the use of copyrighted content on the site.
Source:
BetaNews