Following a few weeks of speculation, Warner Music Group and YouTube have signed a new licensing agreement bringing back the major record label’s music videos to the video site after a nine-month absence.
“Under this new, multi-year global agreement, you will be able to discover, watch and share Warner music on the site. The partnership covers the full Warner catalogue and includes user-generated content containing WMG acts,” according to the YouTube blog.
The new licensing agreement is believed to give Warner the majority share of ad revenues. The nine month absence of Warner videos was caused by disagreement over the terms of revenue sharing.
