Wednesday June 01, 2016

Music World Bands Together Against YouTube, Seeking Change to Law

The recording industry is asking for changes to the Digital Millennium Copyright Act saying that it protects YouTube at the expense of musicians being paid fairly. If I were a musician, I'd be more worried about my record label taking 95% of the money I generated than I would be about YouTube "piracy."

A few years ago, the biggest enemy of the music industry was Pandora Media. Then Spotify became the target. Now it is YouTube’s turn. In recent months, the music world has been united to a rare degree in a public fight against YouTube, accusing the service of paying too little in royalties and asking for changes to the law that allows the company to operate the way it does. The battle highlights the need to capture every dollar as listeners’ habits turn to streaming, as well as the industry’s complicated relationship with YouTube.