Warners Loves Youtube

Warner Music Group and YouTube have announced landmark video distribution and revenue partnership.

"Partnering with Warner Music Group is one of the most significant milestones for our company and our community, and shifts the paradigm in this new media movement," said Chad Hurley, CEO and Co-Founder of YouTube. "By providing a new distribution opportunity, we are paving the way for media companies to harness the vast financial potential of user-generated content on YouTube. We are thrilled that WMG had the vision to be the first music company, in partnership with its artists, to support the use of their content within user videos and to allow our community to interact with WMG music in new creative ways."
This will hopefully reduce the barrage of WMG crackdowns on user-submitted content, including videos, covers and remixes of Muse.