LONDON -- EMI has become the fourth and final major music distrib to ink a deal with YouTube that will allow the Web site's users to play copyrighted musicvideos without fear of litigation.
EMI has also committed to working with YouTube and its parent company, Google, to establish new business models to generate revenues from the online use of its musicvids. YouTube will be allowed to carry videos by EMI artists such as David Bowie, Coldplay, Gorillaz, Lily Allen and Norah Jones.
YouTube has already signed similar pacts with Universal, Warner and Sony BMG.
"Through this agreement EMI Music and its artists will be fairly compensated for their work," said EMI Group chief exec Eric Nicoli.