EMI buries hatchet with Youtube

YOUTUBE users will be able to play with videos made by bands signed to EMI, after the record company has decided to abandon legal action against the website.

EMI, which looks after aged rockers the Rolling Stones, signed a deal with YouTube that will allow its users to access videos by EMI artists.

Now all four of the world's major music firms are Youtube partners.

Youtube was looking increasingly like it was history after the record companies started a string of lawsuits claiming the outfit was allowing its users to pirate their copyrighted works.

As it is, there is still a £505 million court case pending against YouTube from the entertainment giant Viacom Media, which owns MTV and Nickelodeon.

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