Tuesday, 23 December 2008

Warner Remove Their Acts From YouTube

The Warner Music Group on Saturday (Dec. 20) pulled all of its music from YouTube as negotiations over payment with Google's video site reached an impasse. Warner's move will affect its recordings as well as the songs it owns through Warner/Chappell Music.

"We are working actively to find a resolution with YouTune that would enable the return of our artists' content to the site," Warner said in a statement. "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.

This year, Warner has more than 20 percent market share of albums, according to Nielsen SoundScan, and Atlantic is the No. 1 label in the U.S.

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