Google (GOOG) Signs With Lions Gate (LGF) To Put Videos On YouTube-Bloomberg

July 16, 2008 3:12 PM EDT

Google (Nasdaq: GOOG) signs with Lions Gate (NYSE: LGF) to put videos on YouTube. Google CEO Eric Schmidt said Lions Gate will get part of the ad sales for the clips. This should be seen as a positive for Google as it looks to effectively monetize YouTube.

Google Inc. maintains an index of Websites and other online content, and makes this information freely available to anyone with an Internet connection.
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