I hope this doesn't happen. With Google weakly policing illegal content, labels really do have a bad situation here.
They either take the deal Google has given them which is bad, or say no, and risk getting removed from YouTube and having their music uploaded by fans as lower quality streams. In other words, they take less money, or possibly lose everything while paying huge fees to send YouTube take down notices.
This is bad for the consumer in my opinion. I want indie musicians and labels to be able to make more money, not less. This further incentives musicians to look for another path of work.
Its disappointing that while technology is making it easier than ever to record and produce music, its becoming tougher and tougher to make a living off it.
They either take the deal Google has given them which is bad, or say no, and risk getting removed from YouTube and having their music uploaded by fans as lower quality streams. In other words, they take less money, or possibly lose everything while paying huge fees to send YouTube take down notices.
This is bad for the consumer in my opinion. I want indie musicians and labels to be able to make more money, not less. This further incentives musicians to look for another path of work.
Its disappointing that while technology is making it easier than ever to record and produce music, its becoming tougher and tougher to make a living off it.