EMI Music, Gotuit agree on video licensing pact
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From the Associated Press
Britain’s EMI Music has agreed to license music videos by its slate of recording artists to an online video portal and on- demand cable service operated by Gotuit Media Corp. of Woburn, Mass., the companies said.
The multiyear agreement, reached this week, calls for the companies to share revenue from advertising on Gotuit.com. No other financial terms were disclosed.
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