YouTube: Friend or Foe of the Music Industry?

Spotify’s new long-term deal with Universal Music Group, which will provide a framework for deals with other labels, sees the service pay about half of its revenue to labels. In Canada, on-demand audio streaming services also pay 12.78 per cent of revenue to publishers and songwriters via SOCAN and CSI. With YouTube, even these types of broad numbers are unknown.

Source: Canadian Musician Features » Blog Archive » YouTube: Friend or Foe of the Music Industry?

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