21 December 2008

Talks break down; Warner Music pulls videos from YouTube

(CNET)
Negotiations between Warner Music Group and YouTube over renewing the licensing agreement for the record label's music videos broke down and Warner, the third largest record label, removed videos from the Google-owned video site. The impasse comes at a time when all four major labels, including Universal Music Group, Sony Music, and EMI, are renegotiating their licensing deals with YouTube.