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YouTube $1bn royalties not enough (ft. Gaga)


Bear

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YouTube has said it has paid the music industry $1bn (£794m) in royalties this year - but record companies have responded by claiming it is not enough.

The spat began on Tuesday, when YouTube's chief business officer Robert Kyncl posted a blog highlighting the site's contribution to the industry. He said YouTube had distributed $1bn in advertising royalties alone, arguing that "free" streaming was as important as subscription sites like Spotify.

But record labels were not impressed.

They say YouTube does not pay a fair rate to musicians and record labels, and is slow to police illegal and pirated material uploaded by its users - a claim which YouTube disputes.

The rhetoric intensified this year as YouTube's licensing agreements with the three major record labels - Sony, Warner and Universal - came up for renewal.

The industry has also pushed for reforms to the "safe harbour" laws, which mean YouTube and other similar sites cannot be penalised when users upload copyrighted material - including full albums - provided they remove it on request.

Artists like Lady Gaga, Sir Paul McCartney, Ed Sheeran, Coldplay and Abba have all written to the US Congress asking for the law to be changed.

more at http://www.bbc.co.uk/news/entertainment-arts-38235834

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Why isn't Taylor mentioned when she is probably the biggest name involved in this? 

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malazam

I don't know how much they get paid each but it's known that some YouTubers are paid millions of dollars but they don't spend that much doing what they do.....at least not all of them.

 

I mean, putting out an album is not something cheap, getting licenses so performances can be on their channels are not cheap, the music videos are expensives as hell...... + they lose a lot with the unofficial videos that normal people upload....

another shot before we kiss the other side
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Maybe YouTube could pay them more, but I've said it before that I think artists need to consider the MASSIVE platform YouTube offers in terms of promotion. I don't think I've ever discovered/got into an artist without listening to them on YouTube first.

If this law is changed so that YouTube will have no choice but to stop hosting "illegal" content - which will mean all copyrighted material including cover videos, reaction videos, lyric videos, fan made videos and other videos that just contain extract of the music- artists will loose a massive potential audience.

+ the people who are using YouTube to stream music for free are not going to switch a paid service like Apple Music/Spotify, they're just going to pirate it instead- which is even worse. 

I really don't see this benefiting anyone.

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Delusional Aura

What is gaga doing. That woman don't even get money from any sort of streaming, only physical sales. :ladyhaha:

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Economy

Well $1 Billion for the many songs thousands of artists put out?

 

Shesh that actually is low. Break it down and each artist is getting nothing. Maybe the really viewed like Justin Bieber and Rihanna get half a decent check out of this but everyone else :awkney: 

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Cool. Maybe they should pay it as much as Spotify, which is less if I remmember. The hipocricy is big, especially since YouTube is a big promotional tool in the industry. It is more likely that people would purchase a song or an album after they see a video on YouTube then it is after they are streaming it on Spotify.

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MonsterPaws
2 minutes ago, Delusional Aura said:

What is gaga doing. That woman don't even get money from any sort of streaming, only physical sales. :ladyhaha:

The sad part is the streaming part is so true :cryga:

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Economy
5 minutes ago, Bear said:

Maybe YouTube could pay them more, but I've said it before that I think artists need to consider the MASSIVE platform YouTube offers in terms of promotion. I don't think I've ever discovered/got into an artist without listening to them on YouTube first.

If this law is changed so that YouTube will have no choice but to stop hosting "illegal" content - which will mean all copyrighted material including cover videos, reaction videos, lyric videos, fan made videos and other videos that just contain extract of the music- artists will loose a massive potential audience.

+ the people who are using YouTube to stream music for free are not going to switch a paid service like Apple Music/Spotify, they're just going to pirate it instead- which is even worse. 

I really don't see this benefiting anyone.

Stuff like reaction videos and whatnot, to me makes no sense to ban that, its promotion

 

But if with the amount of content put out youtube only paid a billion in royalties thats really low

 

but of course to fix that, either ads will have to increase or youtube would have to stop being free so i dunno 👀

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1 minute ago, Economy said:

Well $1 Billion for the many songs thousands of artists put out?

 

Shesh that actually is low. Break it down and each artist is getting nothing. Maybe the really viewed like Justin Bieber and Rihanna get half a decent check out of this but everyone else :awkney: 

If the labels dont want, they can easily not put their work on YouTube.

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