Charles Caldas, chief executive of independent music licensing body Merlin, announced during his speech at the Music Connected conference in London:
“If we look at our partners like Spotify, Beats and Rdio, and the high-value versus low-value companies in the food chain, those companies are at the top of the food chain: they’re paying what we consider to be the top rates. The ironic thing is that the service that pays the least [YouTube] is the service that’s the most well funded and run by the biggest company in the world: their figures are by far the worst, whether you measure them on a per-stream basis or a per-user basis.”
While Caldas didn’t name YouTube outright (saying he gets in trouble when he talks about “that company”), he referenced an earlier interview by another musician who feels burnt by the video company: “If we’re pissed off at Spotify, we should be marching to YouTube central with flaming pitchforks.”
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Here’s some more YouTube music discussion: