YouTube Signs Content Deals to Avoid Copyright Problems

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YouTube Inc. struck deals with CBS and two major music labels Monday as the popular video-sharing Web site races to befriend content providers and avoid copyright-infringement lawsuits.

The separate agreements with CBS, Vivendi’s Universal Music Group and Sony BMG Music Entertainment come less than a month after YouTube reached a deal with Warner Music Group Corp. On Friday, Google Inc. was reported to be in talks to acquire the video site for $1.6 billion.

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