YouTube, Universal Consider Partnering For Music Video Site
Google Inc's YouTube and Universal Music Group are in talks to create a premium online music video service, sources familiar with the situation said on Wednesday.
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.




First Posted: 04/04/09 06:12 AM ET Updated: 05/25/11 02:05 PM ET