After long, drawn-out negotiations, PRS for Music
and YouTube have finally come to an agreement
over rates. It's good news for British music
fans, since YouTube's blocking of premium music
videos on their site will now be lifted. What it
means for songwriters financially is still a
mystery however, since the agreement is covered by a Non-Disclosure Agreement.
According to sources close to the negotiations,
Google/YouTube took the NDA to another level by
insisting that the people at the negotiating
table would not even be allowed to tell the PRS
board what the agreement is (although the PRS say
they would never pass anything without it being
seen and signed off by their board). It's
rumoured that YouTube only wanted two people to
know one YouTube rep and one PRS rep. It makes
you wonderr what information can be so sensitive
as to push requests for secrecy that far. For a
company that is all about sharing information,
it's somewhat ironic that Google are so unwilling to share any of their own.
<http://www.guardian.co.uk/music/musicblog/2009/sep/03/youtube-google-prs-nda>Link
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Posted By johannes to
<http://www.monochrom.at/english/2009/09/youtube-war-is-over-but-at-what-cost.htm>monochrom
at 9/07/2009 11:17:00 AM
