Warner Music Group has announced plans to launch its video archive online free to fans. The label, which is home to Madonna and the Red Hot Chili Peppers will work with digital services provider Premium TV to develop "digital hubs" (online TV sites) that are organized by genre, label or artist. They will be funded primarily by advertising. Music companies are looking for ways to generate revenue while the demand for video content online continues to rise.
He added: "These unique digital hubs will further enable us to monetize our content across the myriad of ever-developing ways that people enjoy music."
Source:
Reuters












