YouTube has pressed pause on plans to block videos from record companies that haven’t signed on its new licensing line, the Financial Times reported Thursday.
YouTube aims to launch to a subscription-based music streaming service that, according to the Associated Press, will likely enable ad-free video playback and offline playback on mobile devices. Some independent artists had not agreed to new terms and were to have their videos blocked.
The AP reported last month that independent labels were being offered the same per-stream royalty payment but not the same first-year guarantees or advances as the big labels.
YouTube is now extending the deadline for a solution “following an outcry from the creative community and growing scrutiny from European regulators”, the FT report said.
– Contact us at [email protected]