Google Inc. has brought an end to the pending cases against its video streaming service, YouTube by reaching a settlement with nearly 3,000 music publishers.
According to the Los Angeles Times, Mountain View, California-based Google Inc. has decided to pay the licensing fees to the group of independent publishers represented by the National Music Publishers Association (NMPA).
"With today's deal and advances in Content ID technology, we're continuing our recognition of songwriters for their artistic contribution by supporting them with an additional revenue stream to help their future creative pursuits," YouTube wrote in the official blog.
The deal will fetch YouTube a part of the revenue generated from advertisements from legally operated music. However, terms and conditions of the contract have not been disclosed by either side.
Google’s YouTube does not include EMI Music Group, Universal Music Group, Warner Music Group and Sony Music Entertainment under the new licensing deals because the company has separate contracts with all of them.
The company was sued by the U.S. Football Association Premier League and many other organisations for allegedly encouraging web users to engage in piracy across the world. The case was filed in 2007 and the organisations demanded a class action against Google Inc.
Watch the video about Content ID here: