YouTube has signed a deal with music labels to bring more music videos to its service; BMG Rights Management, Christian Copyright Solutions, ABKCO Music, Inc., Songs Music Publishing, Words & Music, Copyright Administration, Music Services, Reservoir Media Management, and Songs of Virtual are all in on the agreement. The agreement, combined with YouTube’s Content ID feature, is designed to increase revenues for the label while still allowing users to upload the content they want.

[Source: YouTube]