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
Written by: Andre Yoskowitz @ 31 May 2007 16:02