Music Industry 

The Music Industry is Really Starting to Hate YouTube

Alan Cross 0 Comments , , , ,

Things are not well in the relationship between record labels and YouTube. Stories abound (like this one) that labels are thinking of pulling all their music videos from the service. The issue? YouTube is moving too slow when it comes to boosting revenue and finding new ways to better monetize things.

All three major labels–Universal, Sony and Warner–are part of this revolt. If it happens, many indies are sure to follow. Digital Music News points out that the entire conflict can be illustrated two easy-to-read pie charts.

First, YouTube’s share of all on-demand music streams.

youtube_streaming_breakdown1

And here’s where all the money is coming from.

youtube_streaming_breakdown2

You see the problem, right? This could get interesting.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 30+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

You May Also Like

Here’s a new report on music trends in Canada. Where do you fit in?

Alan Cross 1

INFOGRAPHIC: Vinyl Sales Outstrip Digital Downloads in the UK

Alan Cross 0

Great. ANOTHER New Audio Format. But Maybe MQA Will Work.

Alan Cross 0

Let us know what you think!

This site uses Akismet to reduce spam. Learn how your comment data is processed.