Digital Music Group to sell video content on iTunes

Digital Music Group—a “content owner and global leader in the digital distribution of independently owned music and video catalogs”—has announced that Apple’s iTunes Store will begin selling content from its television, film, and video catalogs. Under the three-year agreement, Apple will pay fixed wholesale prices for each downloaded TV program, movie or other video. According to Digital Music Group, the company “acquires the digital rights to media catalogs and digitally encodes them into multiple formats for distribution to online music, mobile, and video stores. Our retailers include: the iTunes Store, Google Video, RealNetworks, Napster, Wal-Mart Music, Yahoo! Music, InfoSpace, Moderati, Zingy, 9Squared, and many others.”