Music Comes Back To Life On YouTube In The UK
from the but-who-caved? dept
I still can’t quite figure out what sort of leverage the various music labels and collections societies think they have over YouTube. Musicians who have embraced YouTube have found that it can help boost their careers and turn out more fans at their shows. And, without music videos, YouTube still gets a ton of traffic. The only ones who lose out with the music taken off the site are the musicians and the labels — and that was seen in the way the musicians who first complained that Google wasn’t paying them enough then freaked out that Google took down all their videos in the UK, after being unable to agree on a payment scheme. Clearly, the musicians valued the exposure a lot more than Google needed to have those videos.
It only took about six months, but PRS for Music (the UK collection society) and Google have finally worked out a deal so that the music videos will return to YouTube. It’s not entirely clear what the details are, but it certainly sounds like it was PRS who caved (which makes sense, given the leverage situation). Google is paying a lump sum, rather than a per stream fee. PRS had been pushing for per stream fees that were significantly higher than anything Google could have made on ads. So it certainly seems like PRS folded here, and Google tossed them some spare change just to get them to stop whining and get the videos back online.