Latest in Entertainment

Image credit:

YouTube deals with Sony and Universal pave the way for music service

The music labels signed long-term contracts after extensive negotiations.
Share
Tweet
Share

Sponsored Links

NurPhoto via Getty Images

Earlier this month, Bloomberg reported that YouTube's subscription music service could launch as early as March, but that ongoing and unsolved negotiations with Sony Music Entertainment and Universal Music Group could prevent that launch date from happening. Bloomberg now reports, however, that both music labels have signed long-term agreements with YouTube.

The Sony and Universal contracts set royalty rates for music video rights holders and, importantly, promise a more aggressive policing of user-uploaded copyrighted songs. Warner Music Group signed a "shorter than usual" deal with YouTube in May, an agreement that didn't appear to meet Warner's piracy-fighting expectations. With these agreements in place, YouTube can now more fully pursue its Spotify-like subscription service, which will reportedly feature content not available on YouTube's free service.

YouTube hasn't historically gotten along well with the music industry, which believes that the site doesn't adequately police misuse of copyrighted material and has held back the industry's growth. Also, while Warner's agreement with YouTube was shorter-term than usual to afford the company "more options in the future," it's unclear how long Sony's and Universal's contracts are for. However, if all goes well going forward, we could have yet another music streaming service on the market very soon. Because we definitely need more of those.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Ring made a security drone that flies around inside your home

Ring made a security drone that flies around inside your home

View
GameStop will have more $499 PS5s available to pre-order on Friday

GameStop will have more $499 PS5s available to pre-order on Friday

View
Apple's brand-new iPad is down to $299 on Amazon

Apple's brand-new iPad is down to $299 on Amazon

View
Here's everything Amazon announced at its big hardware event

Here's everything Amazon announced at its big hardware event

View
Amazon's new Eero mesh routers support WiFi 6

Amazon's new Eero mesh routers support WiFi 6

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr