Universal Music appears to be ready to introduce an online video
portal similar to Hulu, an anonymous source within the company
told CNET News.  The largest of the four major music labels
would likely offer music videos as well as other programming
related to artists in their catalog, which includes acts such as
Kanye West, The Killers, Pussycat Dolls, Mariah Carey, and Amy
Winehouse.  An online portal like this would not only give
Universal Music a foothold in the digital video space, but would
also give them a chance to eke extra advertising revenue out of
things like music videos and concert videos, which the music-
related cable TV channels (MTV, VH1, etc.) play very little of
these days. It would also open the label to branching further
out into mobile video; some simple transcoding to fit a 2-inch
cell phone screen is all that would take.