YouTube and Universal Music sign new multi-year licensing deal
Posted on: 19 décembre 2017, by : Stuart Dredge

Despite the continuing rows over the ‘value gap’ and safe harbour, YouTube has struck its second new licensing deal of 2017 with a major label: Universal Music Group.
The new global, multi-year agreement follows a similar deal with Warner Music Group in May, although both parties are keeping the details private beyond official statements from respective CEOs Susan Wojcicki and Sir Lucian Grainge.
“This important step forward provides our recording artists and songwriters improved content flexibility and growing compensation from YouTube’s ad-supported and paid-subscription tiers, while also furthering YouTube’s commitment to manage music rights on its platform,” said Grainge.
The post YouTube and Universal Music sign new multi-year licensing deal appeared first on Music Ally.
Source: Music ally

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