Thursday, May 31, 2007

YouTube signs broad licensing pact with EMI

(Reuters) - "With this deal, all four of the world's major music companies are now official YouTube partners," Chad Hurley, chief executive and co-founder of YouTube, said in a statement.




The deal follows a string of multibillion dollar lawsuits by major media companies who accuse YouTube of allowing its users to pirate their copyrighted works on the popular video sharing site.


Read more at Reuters.com Business News

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