YouTube And Universal Reportedly In Talks About Music Video Site
05th Mar 2009
YouTube, the video-sharing website owned by Google Inc., is in discussions with Vivendi's Universal Music Group to create an online music website, two people familiar with the situation said.
The talks are still at an early stage, said the people, who declined to be named because the discussions are private. Universal reportedly approached YouTube about the idea at the end of last year and proposed a site that would include videos from all the major music labels. Read More...
Source: Latimes.com
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