YouTube has finally reached an agreement with Warner Music Group to bring the label’s music videos back to the video sharing site.
The vids were removed on request of Warner Music nine months ago, after the pair couldn’t come to an agreement during licensing talks.
However, their differences have now been resolved and the videos will be making a comeback by the end of the year.
As previously, YouTube will share its advertising revenue with Warner Music, with Warner taking the reigns on advertising sales for its videos.
It is thought however, that the new deal leans in favour of the music giant, although neither camps have confirmed details of the deal.
Here's hoping YouTube will be able to strike up a similar deal with the PRS to bring UK artist music videos back to the video sharing website.
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Via: NY Times