Source: News.com
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YouTube said Tuesday that it is talking with record labels to post thousands of music videos online, aiming to move beyond being a site for sharing home videos to being a provider of mainstream entertainment like Yahoo and others.
YouTube, which sprung out of nowhere a year ago and now claims over 100 millions views a day, is negotiating for rights to both post and archive music videos on its site. It said any commercial model it chooses will offer the videos free.
"What we really want to do is in six to 12 months, maybe 18 months, to have every music video ever created up on YouTube," cofounder Steve Chen told Reuters. "We're trying to bring in as much of this content as we can onto the site."
