Monday 3 February 2014

YouTube reveals $1bn music payouts, but some labels still unhappy

YouTube reveals $1bn music payouts, but some labels still unhappy.


'We’ve paid out to the music industry over the last several years over a billion dollars,' said YouTube's Tom Pickett.

A recent research shows that 38.4% of all youtubes views are from music videos
reinforcing googles subsidary's position as the worlds biggest streaming service.
over a billion dollars was paid out over the past several years, they claim that they are
all in on music.
Not everyone is convinced. A key theme of this year’s Midem has been continued resentment towards YouTube and its parent company from musicians, independent labels and industry bodies alike. Pickett was heckled during his panel session, and the conference also saw regular anti-Google outbursts from speakers.


“I am concerned with YouTube entering the market because for YouTube everything is about dominance, and dominance is connected to destruction,”

I believe that because youtube is so powerfull to the point where its the mass' power to choose where they listen
to their music and in this case youtube is so accessible free and easy to use and it was they first of its kind when things like vevo and youtube combined.
youtube has seemed to change the music indusry which can affect sales in music cd's and downloads, as people can stream for free.


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