Music Comes Back To Life On YouTube In The UK
from the but-who-caved? dept
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.