No YouTube music vids for Brits

Paidcontent.co.uk has an article that sheds some light on the fact that YouTube is blocking the audio part of some of the posted videos for UK viewers. Patrick Walker, EMEA region head of YouTube said that the Google-owned company would lose money on every music video it serves if they accepted the rates proposed by the PRS, a UK collecting society.

From Paid Content's page:

In its first arrangement with a royalty society, YouTube in 2007 signed a special deal with PRS in which it agreed to pay a flat, advance fee to carry 10 million pieces of music. But the deal has expired and Walker pulled the tracks last night rather than renew at new rates. After PRS highlighted Google’s $5.7 billion Q408 revenue, Walker told me: “We’ve built a service that we’ve invested millions in ... to suggest that, because Google’s a big company, we should just suck it and pay a ridiculous rate is not something that we’re going to stand by.”



Read more on paidcontent.co.uk
Read the PRS entry on Wikipedia
Use the board, young Skywalker!