NEWS: AOL & SonyBMG Pound Out Exclusive Video Pact

It is being widely reported that America Online and SonyBMG are striking an exclusive deal for the music company's videos. AOL will have exclusive video-on-demand access to SonyBMG content. Sources value the deal at more than $25 million.

The story was originally tipped at Hits Daily Double and is being reported this morning by The New York Post and CNN/Money.

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