Hulu Explores Music Video Service23 Apr, 2009 By: Chris Tribbey
Citing unidentified sources, Bloomberg news reported Hulu.com is working with major music labels to launch a music video service to compete with YouTube.
YouTube is launching music service Vevo.com with Universal Music Group and is working on adding Sony Music Entertainment, Warner Music Group and EMI. Bloomberg’s sources told the news service that the same labels were in discussions with Hulu.
“We don’t go into details about which companies we’re talking to, but we’re exploring deals with a number of companies,” London-based EMI told Bloomberg.