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YouTube hopes to patch things up with the music industry
The music industry hasn't been too enamored with YouTube, what with all the unsanctioned content on the video site. Now that Google is planning to merge Google Play and YouTube into one music service, however, it's time to start fixing that awkward relationship. YouTube's head of music, Lyor Cohen, took the first steps toward reconciliation at the New Music Seminar in New York City this week, with a panel geared toward the lack of ad revenues and how the music industry can be more supportive of streaming services.