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MySpace, Sony in music video deal

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From Times Wire Reports

MySpace has reached a licensing deal with Sony BMG Music Entertainment to stream music videos from such artists, as Britney Spears, Beyonce Knowles and Bruce Springsteen.

MySpace said it would share ad revenue with Sony BMG, which will make its music videos and select audio material available on artists’ profile pages to MySpace’s U.S. users.

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