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EMI Music, one of the largest music record company in the world, striked a “milestone partnership” today with Google and YouTube to let “fans to have on-demand access to videos from EMI Music” (so they don’t have to sue YouTube everyday).

Google now has music license deals with the world’s Big-Four music labels: Universal Music Group, Warner Music Group, Sony BMG Music Entertainment and EMI Group.

I wonder how much Google spent in these licensing deals after acquiring YouTube…

[via Search Engine Land and TechCrunch]