Warner Music Group Pulls Down It’s Music Catalog From YouTube
Written by J.R. on December 27th, 2008 in Business, I Smell BS, World, Digital Technology, Music News, News.
Warner Music Group, one of the first media companies to strike a deal with YouTube, is looking to make more money from online video with the video sharing giant. The label first struck a deal with YouTube back in late September of 2006. Meanwhile, in the present, the label has decided to pull it’s video catalog from YouTube until a new deal is worked out.
On Saturday, WMG pulled it’s videos from YouTube until further negotiations stating, “We are working actively to find a resolution with YouTube that would enable the return of our artists’ content to the site,” in a statement, according to Billboard. “Until then, we simply cannot accept terms that fail to appropriately and fairly compensate recording artists, songwriters, labels and publishers for the value they provide.”
The music group which, according to Nielsen SoundScan, has more than 20 percent market share of albums this year, with Atlantic being the No. 1 label in the U.S., has made the decision possibly based on YouTube lagging in monetizing its high traffic. The deal could possibly effect other negotiations which YouTube has worked out with other major labels.
Meanwhile, Warner still makes videos available to MTV, MySpace Music and other sites.
Print This Post
Last 5 posts in Business
- Swizz Beatz and Hennessy Team Up For Hennessy Black Cognac LE - May 4th, 2009
- Did 50 Cent Wreck Rick Ross' Autograph Signing?! Fans A No-Show! - May 3rd, 2009
- Xzibit Needs Someone To 'Pimp His Taxes!' $500K IRS Debt Exposed? - April 17th, 2009
- Naked Picture of Amber Rose and Kanye West's Louis Vuitton Ad - April 17th, 2009
- Kanye West and GURU Beverage To Create New Product - April 8th, 2009
Last 5 posts in Digital Technology
- Beyonce To Squash Impersonators On Twitter After Impostor Contacted Solange - April 17th, 2009
- Soulja Boy Prepping New Album ''Follow Me On Twitter: Gangsta Grillz Mixtape'' - April 16th, 2009
- Rapper Jim Jones Speaks About Twitter, And Recent Arrest - April 9th, 2009
- Rapper Jim Jones Twitters During His Arrest In NJ For An Outstanding Warrant - April 9th, 2009
- Hip Hop Producer Timbaland Lands Deal To Make Beat-Making Video Game - March 16th, 2009
Last 5 posts in I Smell BS
- Rapper Tupac Shakur Is Alive??!! New Photos and Evidence?! - April 29th, 2009
- Snoop Dogg's Wife Not Dead! - April 10th, 2009
- Hip Hop Rumors: State of Florida Suing Rapper Flo Rida Over Name? - April 1st, 2009
- Viacom To Pull MTV, VH1, and Others From Time Warner Over Dispute - December 31st, 2008
- Lil Wayne Fans Scammed In Colorado For Non-Existing Concert - November 26th, 2008
Last 5 posts in Music News
- Eminem's A Bloody Murderer In 3 AM Music Premiere: Watch The Bloodbath - May 3rd, 2009
- Did 50 Cent Wreck Rick Ross' Autograph Signing?! Fans A No-Show! - May 3rd, 2009
- Singer Ciara To Have Online Virtual Concert at Planet Cazmo - May 1st, 2009
- Eminem's '3 AM' To Debut As 'Chilling' Horror Flick On Cinemax - April 30th, 2009
- Rick Ross Debuts At No. 1 On Music Charts With Deeper Than Rap - April 29th, 2009
Last 5 posts in News
- Swizz Beatz and Hennessy Team Up For Hennessy Black Cognac LE - May 4th, 2009
- Supermodel Naomi Campbell Retiring To Motherhood With Billionaire Boyfriend? - May 4th, 2009
- Eminem's A Bloody Murderer In 3 AM Music Premiere: Watch The Bloodbath - May 3rd, 2009
- Keyshia Cole Almost Uses Gun On Stalker; Reveals Her Breasts Are Too Big - May 3rd, 2009
- Did 50 Cent Wreck Rick Ross' Autograph Signing?! Fans A No-Show! - May 3rd, 2009
Last 5 posts in World
- Video: Britain's Got Talent - Diversity - May 2nd, 2009
- Pharrell's Got No 'Beef' With McDonald's! After Song and Dance Incident In Paris - March 26th, 2009
- Rapper Coolio Robbed of His Jewerly, Shoes At Nightclub - March 1st, 2009
- President Barack Obama's Address to Congress on The Economy [Full Speech] - February 25th, 2009
- Pussycat Dolls Lead Singer Nicole Exposed: Nip Slip Caught On Tape - February 18th, 2009
