Digital Music, which distributes films, television and music online, will receive a cut of the advertising revenue.
As part of the deal, YouTube will use filtering technology to identify videos on its site that feature Digital Music's copyrighted songs.
Titles now available to US consumers include Saw, Basic Instinct and Dirty Dancing: Havana Nights.
EE, O2, Vodafone, Three and Airspan open the bidding
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