Sunday, June 3, 2007

YouTube signs licensing pact with Hearst-Argyle TV

(Reuters) - Hearst-Argyle, which owns 29 local TV stations in the United States, will take an undisclosed cut of the advertising revenue YouTube earns when its users view clips of local TV stations owned by Hearst-Argyle, the spokesman said.




Hearst-Argyle of New York reaches roughly 18 percent of the television households in the United States.


Read more at Reuters.com Business News

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