YouTube, Digital Music sign deal for content: WSJ
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Google Inc.'s YouTube signed a deal  with Digital Music Group Inc. to post more than 4,000 hours of  video content such as classic television shows to the  video-sharing site, the Wall Street Journal reported on Monday.
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It's still in the discussion phase, but Google is negotiating with YouTube with an eye to acquiring the popular online video site, according to the Wall Street Journal.
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Google Inc.'s  YouTube  has agreed to a deal with major music label EMI Group Plc   to give users of the video-sharing site broad access to  music videos by EMI artists.
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Google Inc.&#39;s YouTube said  on Monday that it will distribute local television programming  from select Hearst-Argyle Television Inc.-owned stations in a  revenue-sharing agreement, marking the first time the  video-sharing site has paid for local TV content.
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(InfoWorld) - Google Inc. is in discussions to acquire YouTube Inc. for about US$1.6 billion, although the deal is far from done and the talks could collapse, The Wall Street Journal reported on Friday, citing an unnamed source familiar with the matter. Google's reported interest in YouTube would reflect a sense of urgency on the part of the search engine giant to improve its position in the red-hot online video market. Google entered the market in early 2005, at about the same time YouTube was founded. But so far the success has gone to the scrappy startup, not Google. In September, YouTube nabbed almost 46 percent of all U.S. visits to video Web sites, while the video section of News Corp.'s MySpace.comÂ came in second with 21.2 percent, according to Hitwise Pty. Ltd. Google Video came in third with 11 percent, followed by Microsoft Corp.'s MSN Video with 6.8 percent and Yahoo Inc.'s Yahoo Video with 5.6 percent. YouTube, in typical startup fashion, approached the market aggressively, opening up their service to anyone wanting to upload their videos, and quickly became a phenomenon. It embraced tagging and sharing features, creating the most popular online video community. Meanwhile, Google took a much more conservative approach, at first only featuring videos obtained through formal agreements with professional production houses. Consequently, users had to pay to view many of the videos in the catalogue. Months later, it added an upload feature for regular users, but closely policed submissions. It wasn't until recently that it opened wide the service's door and added tagging and sharing capabilities. Yahoo, Microsoft and AOL LLC are also playing catch-up to YouTube, whose model these large Internet companies are adopting. Google, Yahoo, Microsoft and AOL need a strong position in this market, due to the increasing popularity of online video. Collectively, traffic to the top 10 video Web sites increased 164 percent between February and May of this year, according to Hitwise. As traffic to online video sites increases, so does the interest of advertisers, who in turn generate most of the revenue for Google, Yahoo, Microsoft and AOL. For many years, online video remained an unfulfilled promise, hobbled by high broadband prices, inferior image quality and reluctance by TV networks and film companies to put their shows and movies on the Web. However, in the past 18 months, video on the Web has gained momentum, helped by a critical mass of users with broadband access, improved quality and a willingness by production companies to distribute their films and programs online. Neither Google nor YouTube immediately responded to requests for comment.
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A YouTube deal with the British society that collects royalties for composers, songwriters and publishers means artists will be paid for tracks used to back clips on the video-sharing website. The agreement will also give YouTube a defense when media companies holler "piracy."
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YouTube, the video social-networking website owned by Google, is building a vast network of content providers, a company spokesman told AFP.
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By Dan Hart and Courtney Dentch  Time Warner Inc.'s Time magazine named user-generated Internet content sites such as YouTube Inc.
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By JESSE NOYES  Still fresh from a megamerger with Google, video-sharing site YouTube is planning to pass along some of its newfound wealth.
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SAN FRANCISCO -- Warner Music Group Corp. has agreed to distribute and license its copyrighted songs and other material through online video trendsetter YouTube Inc., marking another significant step in the entertainment industry's migration to the Internet.
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By Sara Kehaulani Goo, Washington Post Staff Writer  In the few months since Google paid $1.65 billion to acquire YouTube, both companies have tried to come up with a formula to turn the hugely popular online video site into a moneymaking venture.  Turns out, it's not easy.
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YouTube is set to announce a partnership with the BBC to create two entertainment channels and one news channel on YouTube.
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YouTube, the popular online video  sharing site owned by Google Inc., has signed a deal with  Digital Music Group Inc. to offer such 1960s U.S. television  programs as "I Spy" and "My Favourite Martian."
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Google Inc.'s YouTube has agreed to a breakthrough deal with major music label EMI Group Plc to give users of YouTube's video sharing site broad access to music videos by EMI artists.
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News Corp.'s  Fox, Viacom Inc.  , CBS Corp. . and NBC Universal are in talks  about creating a video Web site to compete with Google Inc.'s   YouTube, the Wall Street Journal reported on Friday.
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Web search leader Google Inc. is in talks to buy YouTube Inc., the world's leading Web site for video entertainment, for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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US recording label Warner Music said it was in talks with the phenomenally popular Internet site YouTube to post its artists' song videos online.