Sony's in

Living Room Rock God jouxplan also let us in on some good news: Sony Music Entertainment re-signed with YouTube instead of following WMG in their tantrum for more dough. We can only hope UMG and EMI follow their lead, and see the mistake Warner is living in (hint: see the WMG share chart). According to the articles posted by jouxplan in the forums, the details of the new deal are unclear; might have something to do with YouTube's testing of the new "download" feature in some select videos.

Thanks, jouxplan!

Sony Music Re-Ups With YouTube; First Major Label In Second Wave, by Staci D. Kramer for paidContent.org

YouTube renews music video deal with Sony Music-sources, reporting by Yinka Adegoke; editing by Bernard Orr for Reuters.com

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