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YouTube Signs Music Licensing Deal With Major Music Companies

YouTube Signs Music Licensing Deal With Major Music Companies

YouTube has announced deals with major music publishers that will enable the video-sharing business to monetize nearly every user-created video with music on the site.  The deal was announced on YouTube's blog and says it will aim to properly compensate artists and labels whose music is being used in user-generated videos on the site.  Overall, the Google-owned company believes the deal will increase copyright protection and open the door for more money-making opportunities.  Publishers that have signed on to this deal include BMG Rights Management, Christian Copyright Solutions, ABKCO Music, Inc., Songs Music Publishing, Words & Music, Copyright Administration, Music Services, Reservoir Media Management, and Songs of Virtual.  

What does this mean for you, the generator of online videos? Well YouTube claims it the next time you upload a video with a song, YouTube's content ID system leaves more flexibility for keeping copyrighted music material online. All in all, not a bad deal, eh?

 

 

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