Recording giant embraces Net entertainment with music, video deal

Warner Music has agreed to distribute and license its songs and other material through online video trendsetter YouTube, marking another significant step in the entertainment industry’s migration to the internet.

Under a revenue-sharing deal, New York-based Warner Music has agreed to transfer thousands of its copyrighted songs, music videos and interviews to YouTube, the California-based start-up that has become a cultural touchstone since two 20-something friends launched the company in a Silicon Valley garage 19 months ago.

follow-up to: http://crazyontap.com/topic.php?TopicId=10776&Posts=21

I think I read a month or two ago that Paris Hilton had struck a deal with youtube to distribute her videos.

LOL.

http://www.youtube.com/profile?user=ParisHilton

Beware of the auto loading video.

Gah! What a talentless schmuck (or is schmuck masculine?)

I, too, read about Paris Hilton on YouTube.

The following link has the information about the deal:
http://mashable.com/2006/09/18/youtube-to-distribute-warner-music-videos/

But Napster went this way too. There was the Napster Bertelsmann deal.

The following news shows how a similar thing happened for Napster.
http://news.com.com/2100-1023-247859.html 

Middelhoff, who supported Napster, quit Bertelsmann a couple of years after he purchased Napster. A reported $80 million were spent on Napster before he left but there was nothing to show in return. Had he continued to be there, things may have been different.

Does anyone know of people who use a paid service provided by these two companies? Or do we hear about Kaza, Morpheus and lot of torrents?