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Ascap-new logo The new agreement between ASCAP and YouTube is all about better data. With no official central database of songs and songwriters, YouTube, Spotify and other streamers have repeatedly come under fire for failing to properly identify and compensate some songwriters. This new deal will leverage YouTube’s extensive data analytics and ASCAP’s database of musical works to address the ongoing industry problem of identifying songwriter, composer and publisher works on YouTube. The collaboration should lead to new levels of monetization and transparency for ASCAP members. Invisible Browsing 7.4 Crack there.
“This agreement achieves two important ASCAP goals – it will yield substantially higher overall compensation for our members from YouTube and will continue to propel ASCAP’s ongoing transformation strategy to lead the industry toward more accurate and reliable data,” ASCAP CEO Elizabeth Matthews said in a statement. “The ultimate goal is to ensure that more money goes to the songwriters, composers and publishers whose creative works fuel the digital music economy.” “YouTube is dedicated to ensuring artists, publishers and songwriters are fairly compensated,” said Lyor Cohen, Global Head of Music at YouTube. “As YouTube delivers more revenue to the music industry through a combination of subscription and advertising revenue, it’s great to see [] Posted in,,,,, Tagged.
YouTube’s relationship with the music industry just got a little more testy. Major record labels are preparing to hit back at a Google-funded report that touts the value of YouTube to the music industry, ridiculing the report’s conclusion that YouTube boosts business for artists and their labels by giving them better exposure. The beef is escalating as music labels are mounting legal challenges here and in Europe against so-called “safe harbor” provisions in copyright laws that don’t hold Web-based platforms like YouTube liable for infringing content that’s posted by third parties on their sites. In YouTube’s defense, its owner, Google, backed a 104-page study from UK-based consultant RBB Economics called “Value of YouTube to the Music Industry.” The report, obtained by The Post on Thursday, claims that without YouTube, 85 percent of its users would be headed to lower-paying services.