US online video site Hulu has so far focused on TV shows and movies, but a report on Bloomberg claims the company is now in talks with all four major labels to add music videos to its catalogue. The article suggests the labels have been in discussions with Hulu since late last year, but that a sticking point – stop us if you’ve heard this one before – is how to split advertising revenue. The news follows the recent announcement of VEVO, a premium music videos site being launched by UMG and powered by Google.The same Bloomberg piece suggests that the other major labels may be offered a stake in VEVO to persuade them to sign up. And indies? They don’t seem to be on the radar of any of these deals, although that may be more about journalists focusing on the Big Four when reporting them.
Hulu in talks with major labels to add music videos
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April 24th, 2009 by Music Ally
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