May 31, 2007 11:08 ET
EMI Music, Google and YouTube Strike Milestone Partnership
Fans to Have On-Demand Access to Videos From EMI Music's Roster of Artists on YouTube
NEW YORK, NY and SAN BRUNO, CA--(Marketwire - May 31, 2007) - EMI Music -- one of the
world's leading global music companies, Google and YouTube, the leader in
online video -- today announced a landmark agreement which will give
YouTube users unprecedented access to authorized videos and recordings from
EMI Music artists, including those featured in user generated content.
"With this deal, all four of the world's major music companies are now
official YouTube partners," said Chad Hurley, CEO and Co-founder of
YouTube. "EMI is a proven leader in the emerging digital music landscape
and one of the world's largest and most respected music companies. We're
excited to add EMI Music's stellar roster of artists' content to our site
and make it available to our community."
Eric Nicoli, CEO of EMI Group, said: "Working with YouTube under this
agreement meets EMI's objectives to offer consumers the best possible
entertainment experiences, to create new ways to connect our artists to
fans and to enter into innovative business models that will generate
revenues for our business and our creators. YouTube has quickly
established itself as a stand-out fan favorite because it's a site that
taps into what people want and also consistently delivers a good
experience. Through this agreement EMI Music and its artists will be
fairly compensated for their work."
YouTube users will now be able to enjoy professionally-produced music
videos from their favorite EMI Music artists including David Bowie,
Coldplay, The Decemberists, Fat Boy Slim, Gorillaz, Lily Allen, Norah Jones
and YouTube Video Award winners, OK Go and Sick Puppies. Moreover, as part
of this agreement, EMI will make authorized video content available to
YouTube for the first time, helping artists to reach and interact with a
new audience while enhancing the entertainment experience on YouTube.
EMI Music has agreed to work with YouTube and Google to develop business
models in which the YouTube community will be able to access user generated
content featuring EMI-owned and copyrighted audio and video works. EMI
Music will use YouTube's industry-leading content management tools which
feature a content identification and reporting system that will help EMI
track and monetize its content and compensate its artists. YouTube's
content management tools also give EMI Music the ability to request the
removal of EMI's copyrighted content from YouTube.
About YouTube
YouTube is the world's largest online video community allowing millions of
people to discover, watch and share originally created videos. YouTube
provides a forum for people to connect, inform and inspire others across
the globe and acts as a distribution platform for original content creators
and advertisers large and small. YouTube is based in San Bruno, CA and is a
subsidiary of Google, Inc.
About Google Inc.
Google's innovative search technologies connect millions of people around
the world with information every day. Founded in 1998 by Stanford Ph.D.
students Larry Page and Sergey Brin, Google today is a top web property in
all major global markets. Google's targeted advertising program provides
businesses of all sizes with measurable results, while enhancing the
overall web experience for users. Google is headquartered in Silicon Valley
with offices throughout the Americas, Europe and Asia. For more
information, visit www.google.com.
About EMI Music
EMI Music is the recorded music division of EMI Group, the world's largest
independent music company. Its EMI Music division represents artists
spanning all musical tastes and genres. Its record labels include Angel,
Astralwerks, Blue Note, Capitol, Capitol Nashville, EMI Classics, EMI CMG,
EMI Records, EMI Televisa Music, Manhattan, Mute, Parlophone and Virgin.
Artists on EMI labels include Lily Allen, The Beatles, Coldplay, Corinne
Bailey Rae, The Good The Bad & The Queen, Gorillaz, Norah Jones, The Kooks,
Korn, Kylie Minogue, Pink Floyd, Rolling Stones, Joss Stone, 30 Seconds To
Mars, KT Tunstall, Keith Urban and Robbie Williams, as well as
international artists such as Amaral (Spain), Diam's (France), Utada Hikaru
(Japan), LaFee (Germany), Radja (Indonesia), RBD (Mexico) and Vasco Rossi
(Italy).
EMI has been at the cutting edge of the rapidly growing digital music
marketplace since it released David Bowie's 'Hours' as the world's first
ever album to be offered as a digital download in 1999. EMI has signed
agreements with hundreds of digital partners to distribute its music across
the globe, including most recently its premium DRM-free, higher-quality
offering sold through partners including Apple iTunes, Amazon.com and more.
It continues to facilitate the development of a growing range of new
digital business models to enable fans to experience and purchase its
artists' output through a number of different platforms including, legal
peer-to-peer agreements with QTrax, Mashboxx and GNAB, and a deal to offer
advertising-supported videos on mobile phones in the US through Rhythm
NewMedia.
For further information on EMI, please visit: www.emigroup.com.