Warner Music Settles with YouTube

Warner Music Group has finally reached an agreement with YouTube that will allow label artists to put up their music videos on the site. Videos from the Warner label were removed from the streaming site after licensing agreement talks broke down last December over financial disagreements. However, though the details of the agreement have yet to become public knowledge, executives say that Warner Music will “receive the majority of advertising revenue generated around the music clips.” All that’s left now is for YouTube and Viacom/MTV to kiss and make up and the world will be a great and happy place again.