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In YouTube Deal, Warner Gets ‘Vast Majority’ of Revenues

Artists such as Madonna, Green Day are returning to the online video site.

Warner Music Group and Google Inc’s YouTube said Tuesday they have reached a deal which will see music videos from artists such as Madonna and Green Day once again feature on the popular website.

Though financial terms of the deal were not disclosed, executives said Warner Music would receive the majority of advertising revenue generated around the music clips.

Read more on Reuters.