AOL Signs Agreements to Offer Music Videos
From Reuters
America Online signed deals to offer thousands of music videos from Universal Music Group and Warner Music Group.
The deal comes after Universal, owned by French conglomerate Vivendi Universal, in February said it planned to charge for music videos over the Internet and on cable video-on-demand services.
AOL, a unit of Time Warner Inc., is seeking to launch free services to boost online advertising revenue to offset a dwindling dial-up Internet membership.
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