YouTube resists independent music streaming ultimatum despite talks
May 24, 2014, 12:05 am TWN
LONDON--The independent music trade organization on Friday said YouTube had refused to withdraw threats over the Silicon Valley giant's plans to launch a music streaming service, despite 24 hours of negotiations.
The Worldwide Independent Network (WIN), the body that represents the global independent music community, is angry at warnings from YouTube that it will remove its members' content unless they sign up to its terms for the new service.
Sources at WIN told AFP that its officials had been locked in talks with YouTube and had told the Google-owned company that it wanted the demands withdrawn by the end of the week.
In a statement released on Friday, WIN said YouTube's threats were “unnecessary and indefensible.”
According to the statement, YouTube has already negotiated separate agreements with three major labels — Sony, Warner and Universal — but has yet to reach a deal with independent labels.