Sunday, December 28, 2008
The team record Warner has ordered YouTube to remove all videos of its artists on your page, following the failure of talks between both sides. The measure could affect hundreds of thousands of videos, because it includes not just the singers but the songs published by the subsidiary Warner-Chappell.
Warner was the first company authorized by the vision of its videos on YouTube, following an agreement signed in 2006 but decided not to renew the contract when it expired. The record company was looking to receive a larger share of potential earnings by traffic on the Internet site, which receives nearly one million hits per month just in the U.S..
The music companies are, in general, a portion of the advertising revenue generated by their videos and a small amount for every time that these images are on the Internet. Warner had hoped that the total volume of these amounts was important, but according to his version, the figures have been minimal.
A month after the initial agreement with Warner, YouTube was acquired by Internet giant Google, which paid for the site 1650 million dollars.
