by CIO Staff

Google, Sony BMG, Warner Music Team in Video Deal

Oct 09, 20061 min
Consumer Electronics

Google, the world’s leading search engine, on Monday inked deals with both Sony BMG and Warner Music Group that will see the search firm distribute the two recording studios’ music videos, Reuters reports.

YouTube, the uber-popular social networking Web locale, also recently inked a similar pact with Universal Music Group under which both firms before the end of the year will start to share revenue derived from ads placed next to Universal content on YouTube’s site.

On Friday, various media sources reported that YouTube is in talks with Google regarding a potential $1.6 billion buyout.

Sony BMG is an offshoot of both Sony and Bertelsmann, Reuters reports.

Related Links:

  • Google to Buy YouTube for $1.6B?

  • YouTube, Warner Music to Share Ad Revenue

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