23 December 2008

From Monty Python: Money Song

How much money do they want? Just asking.

This refers to the recent tiff between Warner Music Group and You Tube.

Basically, Warner wanted corpulent amounts of moolah from YT's revenue sharing; YT's reaction was "Wait, what?".

"We are working actively to find a resolution with YouTube that would enable the return of our artistes' content to the site," Warner said in a statement, quoted by US media.

"Until then, we simply cannot accept terms that fail to appropriately and fairly compensate recording artistes, songwriters, labels and publishers for the value they provide."

The starving artistes and co. image will always live on .... only in US though.

I wonder if they realize that a number of online folk will be put off by such demands?

On the other hand, what are the chances that people will be so offended that they will boycott Warner goods?

Apparently not. So world goes on.