Google ‘s YouTube and Universal Music are in talks to create a premium online music video service. If they reach a deal, the service could mark a significant step forward in Google’s attempt to generate revenue from YouTube, which it acquired for $1.65 billion in 2006.

They are in talks to create a stand-alone site to showcase music videos by Universal artists, according to reports. The deal would ideally be broadened out to include videos by artists at the other major music labels in a concept similar to the TV shows available on NBC Universal and News Corp’s Hulu.com.

Other posts by :

1. SES happy with releasing 160MHz of spectrum for 5G
2. Inmarsat “likely to win appeal” over Ligado/AST action
3. FCC seeks fair play over foreign satellite access
4. Bank raises RocketLab target price
5. Paramount throws kitchen sink
6. Ukraine wants its own LEO system
7. SpaceX outlines Starlink cellular delivery plan
8. NAB vs CTIA on C-band release
9. Laser terminals to operate at 100x faster

Categories: Articles, Content, OTT, OTT, Rights