You Tube Secure UK Music Video Deal
September 3, 2009 by Addict Music
Music videos will return to the British version of YouTube.com after a royalty deal was agreed.
The site’s owners Google and PRS For Music resolved a long-running dispute over revenues, which had seen music videos pulled off YouTube in the UK since March.
You Tube has now agreed to pay PRS a undisclosed lump sum, backdated to January, which will be distributed among its members until 2012.
Neither side has revealed the details of the deal.
“It is a lump sum deal which seems to work for YouTube’s business model and offers recompense for our 60,000 members,” a spokesperson for PRS told BBC News. “We can be friends again.”
YouTube, meanwhile, explained that the videos which had been removed “will come back over the next few days”.