YouTube Will Be Deleting Independent Artists From Its Site In “A Matter Of Days”

Big Boss

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It’s being reported that the media sharing giant will be removing indie artists of all genres from its site.

According to Forbes.com, some of your favorite videos may disappear forever from YouTube.

The site, which is owned by Google, has already signed licensing deals with most of the music industry’s major distributors, however, the independent labels are refusing the allegedly unfair deals that Google has set up for them.

With YouTube building up a paid subscription service, the indies are being faced with two options; sign the licensing deals or face being left of the service AND have your content removed from the site.

“While we wish that we had a 100% success rate, we understand that is is not likely an achievable goal and therefore it is our responsibility to our users and the industry to launch the enhanced music experience”, says Robert Kyncl, VP and Global Head of Business at YouTube.

The new service is alleged to be called MusicPass and is intended to change the way people use YouTube. Users will be able to download music just like Spotify, iTunes Radio, and Amazon’s recently added Prime Music.



http://thesource.com/2014/06/18/you...nt-artists-from-its-site-in-a-matter-of-days/
 

WheresWallace

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Major labels realized how the internet pretty much neutralized the music industry and artist dont really NEED a record label if they can build a good team around them to promote music themselves...so, mob style, the record companies are trying to squeeze independent labels out with this "get down or lay down" licensing deal.

But what they don't realize is that once youtube looses its popularity, one of its many many many other competitors will take its place.

This will be interesting to watch.
 
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