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youtubeDigitalMusicNews reports that Indie label organizations took a stand against YouTube’s forthcoming music streaming service. They are complaining about the terms of YouTube’s agreements. Universal Music Group, Warner Music Group, and Sony Music Entertainment have entered deals with YouTube but the company has offered Indie labels a unappealing contract, stating they must sign it or their content will be blocked from the platform. Indie label administrations say the contract include rates that are less than current market value. “A healthy independent sector is crucial to the success of British music overall” said Geoff Taylor, CEO of BPI. Read More

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