Google-owned video sharing website YouTube on Monday announced that it will block premium music videos to British users after negotiations with the Performing Right Society (PRS), which collects royalties for music composers and labels, failed.
The world’s largest video sharing website notified that the British collection society was demanding it to pay “many, many times” more than the erstwhile licensing agreement that has expired.
The website announced the move by saying that the costs are “simply prohibitive” for the company and the new licensing structure would lead to significant losses for the company with every playback.
The move, which indicates towards surging tensions between the music industry and YouTube, led to removal of several music videos from the website later on Monday. Furthermore, the website also notified that PRS was also not clear about which music tracks are included in the renewed licensing structure.
In his response to YouTube’s move, Steve Porter, chief of PRS said that he was “outraged…..shocked and disappointed” with the decision, and asked the website to reconsider the decision as a “matter of urgency”.
“Google has told us they are taking this step because they wish to pay significantly less than at present to the writers of the music on which their service relies, despite the massive increase in YouTube viewing”, PRS added.
Go To Page 2 for our comments and more related links
Continued on next page Tags: Legal issues, copyright, google, youtube
Hot Topics

Office web is the latest addition to Microsoft's Office business suite and is set to be the company's most revolutionary version.

Microsoft's 14th version of its award winning, multi-billion dollar cash cow business suite, is the company's most ambitious to date.

Spotify is certainly one of the most popular online music websites in the world which is a feat for a service that was officially launched only in February 2009


















Comments