Marketplace®

Daily business news and economic stories

YouTube changes terms and conditions for labels

YouTube picks fight with record labels in attempt to create streaming service

Digital “Terms and Conditions” are the things we agree to with the click of a box and a tiny prayer that they don’t turn on us. When the same thing happens on a grand scale, it can get pretty ugly.

This week, independent artists and record labels are locked in a staring contest with Google over new terms and conditions for posting music on YouTube — The artists are names you’d recognize, including Adele and Jack White.

Molly Wood, New York Times Tech Columnist, says, “this is a story of big companies behaving badly.”

YouTube, trying to capitalize on its status as the number one place for streaming music, is starting a subscription music service. However, it is also threatening independent labels with being blocked from uploading to You Tube if they don’t license their music.

Says Wood, “For years, they [content producers] may have been bullied by movie studios, or TV studios, or record lables, and they thought they had found a safe haven in some of these digital startups, and the reality is that the behavior is looking the same.”

Related Topics

Latest Episodes

View All Shows
  • Marketplace Tech
    an hour ago
    11:03
  • Marketplace
    12 hours ago
    25:19
  • Make Me Smart
    18 hours ago
    19:00
  • Marketplace Morning Report
    21 hours ago
    6:55
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45