Are Major Labels Going to Pull Music Vids off YouTube?
Are major labels going to yank music videos from YouTube? “Unless the world’s number one content distributor loosens its grip, labels could remove their tunes from the site, according to a NY Post report. Unnamed execs from the big three — Universal, Sony, and Warner — told the NY Post that YouTube is one of the music industry’s worst distribution partners as it pays creators very little revenue, and lacks transparency, which could force a major lock down of the content.” And the labels’ videos would go… where? It’d be quite a coup for Facebook.