Warner Music Group Corp and YouTube are finalized an agreement which will see music videos from artists like Madonna and Green Day are again presented in the popular Internet site, sources close to the deal.
The deal, which one source described as imminent, would resolve a dispute over licensing fees that caused Warner Music retire in December from Youtube music videos of its artists.
YouTube and Warner declined to comment on the deal, which was reported Monday by AdAge.
A deal could mean that the list of artists, Warner Music could again begin to appear in the video-sharing site's most popular planet, joining those from EMI Music, Sony Music Entertainment and Universal Music Group, who have renewed their deals .
Financial details are not clear, but the chief director of Warner Music, Edgar Bronfman, has announced its desire to improve the terms of their agreement with YouTube.
Like other industry executives, he faces a music market that has been beaten by sagging CD sales and slow growth of digital music.
The agreement could also leave the door open for a possible role for Warner in a new website called Vevo music video, which has been backed by Universal and Sony and will support YouTube's technology platform.
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