This just in from Gizmodo regarding the YouTube Music Pass for which the major labels have already made a deal with Google. Indie labels however are being bullied by the tech giant with the threat of Censorship if the artists and indie labels do not submit to sub-standard royalties. Wow. Just wow.
The problem is Google’s plans for the other 10 percent. The company’s head of content Robert Kyncl told the FT that it plans to start blocking videos from indie labels that haven’t signed licensing deals “in a matter of days.” The FT says that these labels include XL Recordings and Domino records, whose rosters include Adele, Animal Collective, Arctic Monkeys, and loads of other popular artists. In a statement to Gizmodo, Google confirmed the FT story as well as its intentions to launch a subscription-based service.
Some labels are refusing to sign up because they say they’re getting a raw deal from Google. They say that while the major labels have negotiated lucrative contracts, Google is offering indies comparatively bad terms. It’s their right to say they don’t want to sign up if they don’t like the deal Google is offering them. In response, Google is drawing a line in the sand: If your label won’t sign on to Google’s crappy licensing deal for a new streaming service, you can’t host videos on YouTube at all.
READ THE FULL STORY AT GIZMODO: