Digital Music Group Inks Music Video Deal With iTunes
Sacramento-based Digital Music Group Inc. will sell its video music content on Apple’s iTunes store, according to a document filed with the Securities and Exchange Commission. Apple will pay fixed wholesale prices for each downloaded television program or movie.
Digital Music’s collection includes historic news broadcasts and classic TV episodes, including “Hopalong Cassidy” and “My Favorite Martian.” Digital Music acquires the rights and digitizes music and videos and makes them available to online music stores, including iTunes, Google Video, RealNetworks, Napster, Wal-Mart Music and Yahoo Music! The pact with Apple is for three years.