YouTube Artists Contracts leaked
- wwetvsports21
- Jun 24, 2014
- 1 min read
The new Youtube paid subscription for artists has been leaked. It details what it now entails to have your music on the social sharing and media giant's platform. It seems like a revolutionary landscape change for watchers and uploaders will soon begin.
In an article by C|NET it states:
One of the thornier clauses in the contract mentions that if a major label agrees to any royalty rate that is lower than rates given to an independent label, Google will be able to lower the independent label's analogous rate accordingly, after a 30-day notice -- even if that notice is a simple email.
Billboard, citing an anonymous Google source, said that type of clause is a "standard term across all other music services," saying it ensures that all labels would be provided the same deal for future partners integrating with the service.
The other important clause to note is "Catalogue Commitment and Monetization," which asks independent labels for their full catalog. That clause would be an issue for labels who have signed their own contracts with artists who insist on withholding music from subscription services.
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