MP3.com and Warner Music Sign Video Agreement
It seems old media and new media can get along. MP3.com (
www.mp3.com) and Warner Music Group (www.wmg.com) announced on Thursday that that they have entered into a video license agreement. It will allow MP3.com to present recordings and music videos of Warner artists on its Web site.
Earlier this year, the major record labels filed suit against MP3.com, claiming it was violating the Digital Millennium Copyright Act with its My.MP3.com service. In June, Warner and MP3.com came to an agreement and Warner dismissed its lawsuit. MP3.com subsequently settled with other labels, except for Universal, which won a court settlement that is now being appealed.
For MP3.com, this broadens its content into music videos, something it hasn't yet offered. Other online music companies like Launch.com have gone beyond interactive Net radio to provide music videos. Launch has made similar music video deals with Warner and EMI this year.
"MP3.com is thrilled to be able to feature selected songs and videos from many of Warner Music's top artists," said Robin Richards, president and chief operating officer of MP3.com. "Both of these agreements will prove valuable to Warner Music artists and the more than 11 million registered users of MP3.com."
MP3.com also signed a three-year non-exclusive marketing and promotion agreement, where it will provide Warner with a variety of services, including featured artist pages and e-mail blasts, to market and promote artists selected by Warner.