Tokyo - Google's (NASD: GOOG) YouTube has reached an agreement with a Japanese rights holder, and will pay an undisclosed royalty for the rights to allow YouTube users to post cover song videos of tracks by Japan Rights Clearance (JRC) acts like Mr. Children and Spitz, Japan's Mainichi Daily News reported.

The deal covers around 5,000 songs.

The cover song videos will be allowed so long as they do not defame the original artist, or make use of music TV programs or DVD content without permission.

Related Links:
http://snipurl.com/22vho (Mainichi)