WIN Calls YouTube's Decisions "A Grave Error of Commercial Judgement"
WIN questions the actions of YouTube with plans to block and "cull" the content of independent labels that do not sign up to a new music streaming agreement
The Worldwide Independent Network (WIN), the organisation that represents the interests of the global independent music community, has issued a new statement further questioning the actions of YouTube as the Google owned company presses ahead with plans to block and "cull" the content of independent labels that do not sign up to a new music streaming agreement.
YouTube continues to issue content blocking threats to WIN's independent label members who refuse to sign what many labels are calling highly unfavourable, and non-negotiable terms, which undervalue existing rates in the marketplace from partners such as Spotify and Deezer.
WIN was formed in 2006 to represent the global independent industry, which boasts the second largest global market share after Universal.
YouTube has announced plans to launch a new music streaming service later this summer. The service has apparently negotiated separate agreements with the three major labels - Sony, Warner and Universal - but according to WIN's membership has yet to reach any substantive agreement with the independent sector.
Alison Wenham, CEO of WIN said, "Put simply, by refusing to engage with and listen to the concerns of the independent music sector YouTube is making a grave error of commercial judgment in misreading the market. We have tried and will continue to try to help YouTube understand just how important independent music is to any streaming service and why it should be valued accordingly. Music fans want a service that offers the complete range of music available. This is something that companies such as Spotify and Deezer do, both of whom have excellent relationships with the independent music sector. By not giving their subscribers access to independent music YouTube is setting itself up for failure. We appreciate that a small number of independent labels may have their own reasons for agreeing to YouTube's terms, that is their prerogative, but they are very much in the minority. The vast majority of independent labels around the world are disappointed at the lack of respect and understanding shown by YouTube. We once again urge YouTube to come and talk to us."
Related News from Mi2N:
» WIN Calls YouTube's Decisions To Launch Streaming Service Without Independent Label Support "A Grave Error Of Commercial Judgement"
» Stones Fans Rejoice - 2015 Tour Dates Announced
» ASCAP CEO Elizabeth Matthews Testifies For Senate Judiciary Subcommittee
» Ebook And Music Downloads Stagnate While Mobile Games And Videos See Strong Growth
» Red Bull Music Academy Accepting Applications for Paris Academy
» Music Therapy May Provide Hope To Alzheimer and Parkinson Sufferers
Insider Scoop Directory
» [2015-05-22] MusicDish*China Tours, Signing, NYCxDesign And Planetrox; It's Been A Busy 2015 With New Tours, Our Launch Into The Art/design World And Signing Of One Of The Pioneers Of Chinese Rock
» [2015-05-19] Award-Nominated DJ Soulier Performs At Beijing's Award-Winning DDC; Western Canadian Music Awards Nominee Returns To China For 7 Dates In Beijing, Changsha, Wuhan, Guangzhou And Tianjin
» [2015-05-18] Second Hand Rose "Crossing Boundaries" World Tour; China's Boldest Rock Band Will Embark On Their "Crossing Boundaries" World Tour That Will Include One Of Europe's Biggest Festivals, Paleo Festival Nyon 2015
» [2015-05-13] CMW Live Touring Summit: Interview With Elliott Lefko; Interview With Elliott Lefko VP Of Talent, Goldenvoice / AEG Live / Coachella
» [2015-05-12] Online Chinese Music Video Platform Yinyuetai Raises $35 Million In Funding; The Funding Would Be Used To Build A Fan Club Platform And Optimize Its Music Fan Service System
» [2015-05-11] Founder Of Beijing Oi! Punk And MiSanDao Front Man Passes Away; Ode To China's Boot Boy
» [2015-05-09] The New Wave Of Chinese Contemporary Art: Identity, Irreverence And Forward-Looking; Avent Studio, LittleE Studio And MusicDish*China Will Present A Unique Event Assembling Chinese Creators Who Have Chosen Very Different Paths, And Yet Share A Common Spirit
» [2015-04-30] Tommy Hilfiger New Store Opening In Beijing, China; As Part Of His Global 30th Anniversary Tour, Iconic American Designer Tommy Hilfiger Will Visit Beijing For A Special Program
» [2015-04-24] Stones Fans Rejoice - 2015 Tour Dates Announced; This Tour Will Follow The Band's 2014 One Fire Tour, Which Went Through Europe, Asia, New Zealand, And Australia
» [2015-04-07] INTRO Electronic Music Festival: Interview With DJ Weng Weng; INTRO Music Festival, China's Biggest Electronic Music Festival, Will Be Held This May 1st In Beijing's Chaoyang Park
» [2015-04-06] VUE Audiotechnik Establishes VUE China; VUE Audiotechnik China Will Offer The Entire Complement Of VUE Products As Well As Provide Technical Support For All Integrated Systems
» [2015-04-03] March 28, 2015: A Black Day For Yaogun (Chinese Rock); A Bad Practical Joke Played On China's Rockers? 330 Festival, MIDI Festival And Strawberry Festival Get Cancelled
follow MusicDish on