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Sony Music renews content deal with Youtube
 
Indiantelevision.com Team

(14 February 2009 3:00 pm)

 

MUMBAI: Sony Music Entertainment, the music arm of Sony Corp, has renewed its music licensing deal with Youtube - the online video sharing site of Google Inc.

The re-inked deal will keep Sony-owned music videos on the video sharing site with both the companies sharing the advertising revenue. However, the financial details of the deal were not disclosed.

 

The move has come as a surprise as it has made Sony Music the first music company to renew its deal with Youtube after a similar deal between Warner Music Group (WMG) and youtube failed in December 2008.

 

 

 
 
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