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ExtraTorrent.cc > Articles > Music Industry Made Peace with Video Streaming Service

Music Industry Made Peace with Video Streaming Service

Music Industry Made Peace with Video Streaming Service

Added: Sunday, August 28th, 2011
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
The National Music Publishers’ Association (NMPA), which currently represents more than 800 music publishers for purposes of royalty collection, is reported to recently take a decision to settle on a copyright violation lawsuit which was started against the worldwide-known video streaming service YouTube. Despite the fact that no details related to the settlement have so far been released, the record of the online service with such lawsuits makes industry observers believe that they perhaps have not had to offer any concessions to the music industry.

David Israelite, President and CEO of the National Music Publishers’ Association, said that the settlement can be considered a positive conclusion for both parties. Moreover, he pointed out that the settlement can be also recognized as the one that compensates the work of music creators and publishers going forward.

Meanwhile, the most popular video streaming service around the globe – YouTube – made an announcement on their official blog over the issue, where it said that going forward, around 46 thousand music publishers that have already been affiliated with HFA would now be able to license the music tracks they represented to be used by the video streaming service online community. The scheme is the following: the music publishers allow online service to run advertisements alongside user-generated videos containing the copyrighted compositions. Consequently, both the music publishers and the song creators they represent will be able to make money from those advertisements.

YouTube representatives confirmed that they would also be working with HFA in order to attract other music publishers to take part in the cooperation, even if they weren’t affiliated with HFA. So, it seems like the publishers took a decision to give in and accept the offer of YouTube.

Meanwhile, the Recording Industry Association of America was reported to be trying to find out who of the YouTube users uploaded Britney Spears concert online for everyone to see. In order to reach their aim, the RIAA launched a suit to request a subpoena against YouTube, which was considered as the first time when the music industry targeted the service. The case in question was closed in a week, so the court most likely granted a subpoena to the copyright owners.

August 28th,2011

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Date:  Sunday, August 28th, 2011

Comments (3) (please add your comment »)

posted by Blocked (2011-08-29 00:48:58)
menahunie avatarToo bad Youtube doesn't charge the RIAA and MPAA to advertise on their web site; instead they pat them in law suit settlements.
Again we come back to third party abuse and law suits. Meaning you drink and drink and kill someone the car manufacturer and dealer are the ones that get sued...

posted by (2011-08-31 04:03:51)
drslimshaddy avatarthanx for the info SAm.....

posted by Blocked (2012-07-29 05:46:00)

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