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YouTube Reaches Major Revenue Sharing Deal with Warner Music (GOOG, WMG)

September 29, 2009 11:18 AM EDT
GOOG Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

EPS Growth %: +24.8%
Google's (Nasdaq: GOOG) YouTube and Warner Music (NYSE: WMG) have reportedly reached a major revenue sharing agreement which covers Warner's full catalog. The deal will bring all Warner content back to YouTube by the end of this year.

YouTube now has deals with all four major music labels.

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