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After being in a contract with YouTube for two years, Warner decides to back out and have its content removed from YouTube. 

"We simply cannot accept terms that fail to appropriately and fairly compensate recording artists, songwriters, labels and publishers for the value they provide."

Handling more searches than both Yahoo and MSN together, YouTube isn't just a video site anymore.  Traffic on the Google owned video site is booming but, Warner says it doesn't help on revenue.