Tuesday, March 10, 2009

Today's Fly Or Die Commerce Report: You Tube Axes Music Videos In The U.K.

You Tube will allegedly stop allowing their U.K. users the ability to view music videos from some popular artists on their site. After being unable to meet the negotiating terms of the U.K.'s performing rights society, You Tube did not renew their license with them.

PRS, which is the U.K.'s version of America's ASCAP and BMI, has publicly urged the popular site to reconsider their decision not to comply with the negotiating terms. However, according to The Wall Street Journal, You Tube has responded to this plea by stating, "Under PRS's proposed terms we would lose significant amounts of money with every playback." Based on this statement it doesn't seem likely that You Tube will sign the contract with PRS as is.

American users will also have to see what the future of music video viewing on You Tube will be. You Tube is also facing lawsuits in America regarding copyright and publishing rights when it comes to music videos.

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