YouTube, Warner Music feud nearing an end
The two companies have reached terms on most of the major issues and it appears Warner Music's videos will return to YouTube within weeks.
The disagreement between Warner Music Group and YouTube over music licensing appears to be coming to an end.
The two sides have managed to reach terms on most of the major issues and a final deal could be announced within the next few weeks, sources with knowledge of the talks, told CNET News on Friday. What that means is the music and videos from such Warner acts as Green Day, Red Hot Chili Peppers, and the White Stripes may soon be back on the Web's largest video site.
The thaw comes nine months after the prior licensing agreement between the companies expired and negotiations to renew broke down. Warner's music videos were removed from the Google-owned YouTube in December and users were banned from including the label's songs in their clips.
Representatives from both companies declined to comment.
CNET reported in July that the companies had begun a new round of discussions. When the deal is signed, it will mean that YouTube once again can boast agreements with all four of the largest recording companies: Universal Music Group, Sony Music Entertainment, Warner, and EMI.
A Warner partnership will continue YouTube's string of signings with major content companies. In the recent past, YouTube has locked arms with Disney, Sony Pictures, and the U.K.'s Performance Right Society.