Two days after Universal exasperated many of us with its same old chest beating rhetoric about services such as youtube and myspace, Warners have announced a much more constructive response.
Under the agreement, YouTube users will have full access to videos from Warner artists. They will also be permitted incorporate material from those videos into their own clips, which are then uploaded to YouTube. Warner and YouTube will share advertising revenue sold in connection with the video content. http://msnbc.msn.com/id/14885094/