VentureBeat reports that Warner Music is streaming its entire music and video catalogue on Imeem. In exchange for the content, Warner will get a cut of Imeem's advertising revenue:

This partnership is significant because it is the first time a major label has offered free ad-supported access to it entire catalog of music and video to such an online sharing site. It is also remarkable because Warner (along with other labels) had sued imeem less than two months ago for copyright infringement.

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