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Music Labels Might Just Take Their Business To Hulu

WatchMojo.com Business & Technology found this 12/29/2008 on alleyinsider.com

Fed up with lousy ad revenues from Google's video-sharing service YouTube (GOOG), we've heard the four major music labels -- Universal MG, EMI, Warner and Sony BMG -- are in preliminary talks to create their own destination Web site . Call it a Hulu for music videos. Now the Financial Times ...