Warner and YouTube fall out

Warner, alongside Universal and Sony BMG, licensed its content to YouTube a couple of years ago with EMI inking a deal with company in 2007. The majors took a cut of the ad revenue in exchange for content.

Warners is taking the action because it is unhappy with the amount of money it has received under the deal. A Warner spokesman says, "We are working actively to find a resolution with YouTube that would enable the return of our artists' ...

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