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YouTube pays for music in UK

Posted by Fairmusic Team on August 31st, 2007 under news, market | Permalink

The MCPS-PRS Alliance, an alliance of two not-for-profit UK collecting societies, and the video-platform YouTube announced an agreement to license more than 10 million pieces of music to YouTube, that will recognise the contribution of the creators of that music to the service.
Chad Hurley, CEO and Co-Founder of YouTube said: “This agreement is another great example of how we are working with the music industry to explore new and creative ways to compensate music creators.”
Steve Porter, Chief Executive of the MCPS-PRS Alliance said: “Whether it is music videos, user uploads or other audio visual content, our agreement will allow our 50,000 songwriter, composer and music publisher members to be paid when their creative talents are being enjoyed on YouTube’s service across the UK.”
MCPS-PRS Alliance & YouTube sign ground-breaking agreement - MCPS-PRS press release

YouTube zahlt für Musik - ORF Futurezone

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