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YouTube agrees to music royalty deal for UK performers and songwriters

YouTube agrees to music royalty deal for UK performers and songwriters

Video-sharing Web site YouTube reached a deal Thursday with the British society that collects royalties for 50,000 composers, songwriters and publishers to allow the legal use of recorded music.
The MCPS-PRS Alliance said it has agreed to license more than 10 million works of music to YouTube for a flat fee that it did not disclose.
The deal is the first fully settled agreement, although some U.S. royalty collecting societies have reached interim arrangements with YouTube.
"We are delighted to have concluded this deal with YouTube and to be the first collecting society outside the U.S. to do so," said Steve Porter, Chief Executive of the MCPS-PRS Alliance.
"Whether it is music videos, user uploads or other audio visual content, our agreement will allow our 50,000 songwriter, composer and music publisher members to be paid when their creative talents are being enjoyed on YouTube's service across the U.K."
Chad Hurley, CEO and Co-Founder of YouTube said the deal was an example of the Web site's efforts to "explore new and creative ways to compensate music creators."


Updated : 2021-05-17 21:32 GMT+08:00