Warner and YouTube Renew Licensing Deal to Keep Music Streaming
- Pact was secured under ‘very difficult circumstances’
- Licensing deal includes recording and publishing rights
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Warner Music Group extended a licensing deal with YouTube, ensuring the label’s songs remain on the web’s most popular destination for streaming music.
The deal includes recording and publishing rights, Variety reported Friday, citing an internal memo from Warner Chief Executive Officer Steve Cooper. A Warner spokesman confirmed the authenticity of the memo.