August 15, 2006 5:20 AM PDT
YouTube talking to record labels on music videos
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The popular place for sharing home flicks aims top become the go-to spot for viewing mainstream music videos.
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4 comments
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yeah right. good luck. they have such a great history of working with other companies trying to show their content without cutting a billion dollar check first
"our focus with YouTube is how to be partners while protecting our artists and ensuring they get paid"
since when did a major label care about artists getting paid? this is a crock. here's basically how it works...
record label gives artist $250,000. artist generates $10 million. music industry people (record label, publishing companies, lawyers, producers, studios) take $999,999.99 and the artist gets 1 cent. then the REAL kicker is the artist has to pay the $250,000 back to the record label.
and the record companies do NOT play nice with others. see my other posts.