YouTube has paid over $1 billion to the music industry from advertising revenue, and that is apparently not enough!
Earlier this week, Robert Kyncl, Chief Business Officer at YouTube, wrote a blog post titled, "A billion reasons to celebrate music on YouTube," in which he revealed that the video service had paid over $1 billion to the music industry in the past 12 months, sourced from ... [ read the full article ]
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I"m sorry but they are comparing YouTube "music listeners" to Spotify "music listeners"?????
This is comparing apples to oranges.........PERIOD! It's also a reach for more money disproportionately as virtually NOBODY listens to YouTube music in the way or to the extent that they listen to music on actual "MUSIC"-specific sites like Spotify.
In comparison, VERY FEW go jogging while streaming YouTube music.
Gimme a break IFPI!!
IFPI is missing the letter 'W' at the end to establish the acronym "International F*ckos Pissing In the Wind" IFPIW
Agree with the comment above. Just how much gets to the song writers.
Still glad I use an adblock as 1 billion dollars should pay for a hell of a lot of adverts.
The record industry has ALWAYS nothing but a bucket of scumbags.
"The Sopranos" did a bit about how the record companies used to add themselves as "Co-Writers" giving them a significant portion of the profits. One reason I never felt a twinge in the old days with napster and the like. I wasn't beating the actual writers or performers.
Then they pushed more coke then a Mexican big wig. Payola was just a fact. You wanted your label promoted? Just drop a few ounces on the DJ.
The Goodfellas had nothing on the record industry, and I'm sure it had some involvement.
So now a BILLION dollars is chicken feed, if it were ten billion the greedy SOB's would still want more.
Does anyone really care about the music industry, or for hollywood or pro sports.
All overpaid cry babies.
Keep whining while living in your 10 million dollar homes or spending $1000 on a meal.
Wake up America. You are supporting this.
