If you’re in the United States then you won’t have been affected by the six-month ban on YouTube music videos, but British users will be well aware of the wall of silence that’s greeted them every time they’ve tried to play a legitimate music video.
At last, access to premium music clips from major record companies has been granted, thanks to YouTube paying the Performing Rights Society (PRS) an undisclosed sum of money to cover music videos until the year 2012.
IP, Media and Entertainment Lawyer at Ralli said of the deal, “This is a great result for all concerned. YouTube depends upon content to make its money, and the PRS depends upon the broadcast of content to pay royalties to its members. This just goes to show how the music industry has changed over the past 15 or so years and emphasises the importance of online outlets to develop new and enhance the profile of existing artists.”
Good news for UK YouTube users.
Originally posted on September 3, 2009 @ 11:26 am