Taking Your Marbles Home?
I’m not so sure pulling your videos from the #1 video service on the internet is a good negotiating ploy. YouTube isn’t making money playing the videos, so it’s no skin off their back if you want to pull out.
Negotiations between Warner Music Group and YouTube over renewing the licensing agreement for the record label’s music videos broke down Friday. Early Saturday, Warner, the third largest record label, removed videos from the Google-owned video site.
The impasse comes at a time when all four major labels, including Universal Music Group, Sony Music, and EMI, are renegotiating their licensing deals with YouTube.
Just when you thought music companies were finally getting “it”.
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