YouTube UK pays up to show Music Videos

After reaching a deal with PRS for Music and agreeing to paying up an undisclosed lump sum of money, YouTube UK is now able to resume playing Music videos for its users. Neither sides have revealed the amount of money paid by the Google owned company but it’s large enough to backdate payments until January 2009 and last until 2012.

Both companies were quoted on the BBC technology website saying:

A spokesman for PRS for Music, formerly known as the Performing Rights Society, said: “It is a lump sum deal which seems to work for YouTube’s business model and offers recompense for our 60,000 members. We can be friends again.”

A spokesman for YouTube said the “tens of thousands” of videos which had disappeared “will come back over the next few days”. 

Technorati Tags: , , , ,

Leave a Comment

NOTE - You can use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>