Warner Bros’ videos are being pulled off YouTube
Warner Bros are mass-pulling music videos off YouTube since Saturday (20th December). Reportedly, their negotiations with Google, who own YouTube fell apart and there’s nothing else in sight apart from this rather radical solution. Unfortunately, this includes RHCP videos.
Warner Music Group ordered YouTube on Saturday to remove all music videos by its artists from the popular online video-sharing site after contract negotiations broke down.
The order could affect hundreds of thousands of videos clips, as it covers Warner Music’s recorded artists as well as the rights for songs published by its Warner/Chappell unit, which includes many artists not signed to Warner Music record labels.
Warner Music, home to artists including Red Hot Chili Peppers and rapper T.I., was the first major media company to negotiate a deal with YouTube in 2006. Its executives believe that deal gave the site legitimacy in the eyes of search giant Google Inc (GOOG.O) which bought it soon after for $1.65 billion.
As part of the original 2006 negotiation, Warner, Universal Music and Sony Music all took small stakes in YouTube pre-acquisition and profited when the Google acquisition closed.
These were just some excerpts of the article posted on Reuters’ website, you can read the whole thing here.
