WMG was given a lot of flack from viewers and even their signed artists for pulling the videos. Obviously if there was a licensing disagreement it makes sense to put the contract on hold, but the label did suffer and many fans were disappointed.
Youtube.com, the most well known website known for their library of videos, is one of the most popular promotion outlets that artists and musicians can use to their advantage. It opened up the door to the public and allowed all users to post their own videos to get their music and talent out on the web. But what is interesting about youtube.com, is that it also benefited signed musicians as well. Before youtube, people watched MTV and VH1 to see their favorite videos, but fans can access any video at any time. That makes them more likely to stay in tune with their favorite artists and keep track of what they have done throughout their career.
Big names are signed to WMG and they made a good move by finally coming to an agreement with youtube.