Get the artist and song title from Youtube video by API

I am wondering if it's possible to retrive the artist and song title from a YouTube video using the YouToube API. I think I can just parse the title, then search from API by artist (for example: http://www.youtube.com/artist?a=cJmvMpoqHdQ), but it's not an optimal solution. Is there a more efficient/appropriate way of solving this problem?