Fletch
Smash Master
YouTube initially had an agreement with Warner Brothers Music, but talks to renew the deal have forced the removal of thousands of videos that feature music or samples from Warner Brothers artists. As such, users are being targeted that have posted videos at a time when it was allowed for Warner Brothers artists to be featured in videos, but have now had to deal with impending lawsuits through no fault of their own. Thus far, YouTube is trying to do its best to keep from simply removing the videos, including giving users the ability to dispute the claim, using AudioSwap to switch the music, or simply disabling the sound on the video. This deal has shown that although YouTube has acquired the rights to several music labels, these agreements may not last forever, and videos may be in jeopardy of being removed.
Musical Impact: Warner Brothers Music is now one of the major recording labels that has adamantly refused to renew their contract. With the three other labels currently in talks with YouTube about renewing contracts, this might lead to less pressure for them to conform and keep their artists’ music freely available through the video streaming service. However, it currently appears that one of Warner Brothers Music’s Rivals, Sony, is about to sign an agreement with YouTube to keep its material on the website. This will likely cause bad press for Warner Brothers if other major record labels sign on in addition, as they do not want to be the only label to not be actively part of the digital age of music and be part of a site of YouTube’s magnitude.
Technological Impact: YouTube is by far the largest video site on the internet at the moment. With this kind of controversy, however, it might not be for long. Users have already begun flocking to other video sites that have less strict copyright laws or ones that simply are not monitored as heavily in order to experience more freedom in what they are allowed to post. If this trend continues, we may see the downfall of YouTube as the streaming video standard of the internet.
Economic Impact: It appears that this deal simply did not get renewed due to monetary disagreements. When Warner Brothers Music originally made a deal with YouTube, the site was not quite as popular or at the magnitude at which we experience it today. Warner Brothers might also not have anticipated the amount of which their music would be used over the video streaming giant’s website, and may want more money that YouTube may be unwilling to share. If this maintains, it may force other major record labels to look for better deals or more money from YouTube as everyone will want a piece of their success.
As I see it, this is a major step backward for embracing the internet as a medium for both music and technology. I am assuming this is coming down to disagreements on money, but I do not see how Warner Brothers will be able to not attempt to work out a deal if the other labels decide to go forth with YouTube. I want to believe that Warner Brothers is the one being the bad guy here, but with the leverage YouTube has, I'm not necessarily sure they are not giving Warner Brothers their fair share. Thoughts?
Musical Impact: Warner Brothers Music is now one of the major recording labels that has adamantly refused to renew their contract. With the three other labels currently in talks with YouTube about renewing contracts, this might lead to less pressure for them to conform and keep their artists’ music freely available through the video streaming service. However, it currently appears that one of Warner Brothers Music’s Rivals, Sony, is about to sign an agreement with YouTube to keep its material on the website. This will likely cause bad press for Warner Brothers if other major record labels sign on in addition, as they do not want to be the only label to not be actively part of the digital age of music and be part of a site of YouTube’s magnitude.
Technological Impact: YouTube is by far the largest video site on the internet at the moment. With this kind of controversy, however, it might not be for long. Users have already begun flocking to other video sites that have less strict copyright laws or ones that simply are not monitored as heavily in order to experience more freedom in what they are allowed to post. If this trend continues, we may see the downfall of YouTube as the streaming video standard of the internet.
Economic Impact: It appears that this deal simply did not get renewed due to monetary disagreements. When Warner Brothers Music originally made a deal with YouTube, the site was not quite as popular or at the magnitude at which we experience it today. Warner Brothers might also not have anticipated the amount of which their music would be used over the video streaming giant’s website, and may want more money that YouTube may be unwilling to share. If this maintains, it may force other major record labels to look for better deals or more money from YouTube as everyone will want a piece of their success.
As I see it, this is a major step backward for embracing the internet as a medium for both music and technology. I am assuming this is coming down to disagreements on money, but I do not see how Warner Brothers will be able to not attempt to work out a deal if the other labels decide to go forth with YouTube. I want to believe that Warner Brothers is the one being the bad guy here, but with the leverage YouTube has, I'm not necessarily sure they are not giving Warner Brothers their fair share. Thoughts?