Business news source Bloomberg reports that, according to sources “with knowledge of the discussions,” streaming video powerhouse Hulu.com, is in talks with record labels to offer music videos on the site. Major music companies Universal Music Group, Warner Music Group, Sony Music Entertainment and EMI Group are rumored to be in discussion with the video […]

Google got some more bad news today about YouTube.  Not only is Warner Music Group pulling all its videos off YouTube – it’s in talks to create an alternate to YouTube for music videos.  According to a report at Silicon Alley Insider: A source familiar with the negotiations tells us that Warner and the three […]

The Wall Street Journal reports that Warner Music Group losses increased in the fiscal second quarter as the company continues to struggle with a drop-off in sales of compact discs as consumers shift toward digital music. The company remains “excited about the long-term prospects for our business”, according to Chairman and Chief Executive Edgar Bronfman […]