Warner Music's dispute with YouTube, where Warner Music suddenly claims that YouTube needs to pay more
has been pretty silly from the outset. We pointed out that Warner has almost no leverage
here. Warner Music needs
YouTube a hell of a lot more than Google needs Warner Music to allow its content on YouTube. As if to drive that point home, some Warner Music artists are up in arms over the latest moves. Amanda Palmer, an artist signed to Warner subsidiary Roadrunner, is not at all happy about where things stand
in other words, roadrunner is a subsidiary of warner and i'm stuck in hell with madonna and the other poor bastards, because warner wants more money. even worse, warner has almost no bargaining power...they're not even in the top ten of labels who have huge artists with material streaming on youtube. they're just starving for cash right now and they're doing anything they can think of to come up with cash. it's abSURD. they are looking for money in a totally backwards way.
money that, i should point out, i would NEVER see as an artist. if they got their way and youtube decided to give them a larger revenue share of the videos, it's very unlikely it would ever make its way into the artists' bank accounts....
did i mention that being on a major label is starting to seem like.....not such a grand idea?
You can bet that there are many more musicians feeling similarly right now -- and it's only going to make it more difficult for Warner Music (or any of its subsidiaries) to sign new artists or to retain the ones (like Amanda) who feel screwed over by the latest move -- all of which Warner will surely claim were done in order to "protect the interests of the artists."