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Warner Music to open music video library for free access
05/31/07 - newratings.com
NEW YORK, May 31 (newratings.com) – Warner Music Group Corp (WMG) Thursday announced that it would put up its entire music video archive online for free access by fans.
The world’s fourth-largest music company said it would enter into a partnership with the online TV company Premier TV to offer the content on an ad-support basis. Music companies globally have been witnessing a decline in revenues from CD sales. Warner Music added that it plans to later use subscription to generate revenues as well.
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