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Google, Universal Music Plan New Music Site
Monday, April 13, 2009 - Sarah Gingichashvili
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Universal Music Group and Google are now partners in the music-video business. The largest of the four top recording companies and YouTube's parent company announced on Thursday that they are working together on Vevo, a new music and video entertainment service set to launch later this year. YouTube will handle the technology while Universal Music supplies the content. The two companies will share ad revenue.    (source: edition.cnn.com)


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