Taylor Swift and other big music stars are fighting for more money from YouTube, and their own fans. Are they correct? Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
"Now Swift and other music artists are publicly taking on YouTube, calling for better protections against copyright infringement and better pay for artists. But this time she’s unlikely to win.
Swift joined up with 180 other artists, including Lionel Richie, Paul McCartney, Lady Gaga, Christina Aguilera, Billy Joel and Elton John, to publish an open letterprotesting about the Digital Millennium Copyright Act (DMCA). The US copyright law, they argued, has “allowed major tech companies to grow and generate huge profits by creating ease of use for consumers to carry almost every recorded song in history in their pocket via a smartphone” while “songwriters’ and artists’ earnings continue to diminish”.
The high-profile complaint, which was timed to add weight to negotiations between record labels and Google over music licensing, makes sense on the surface.
“They feel they are being short-changed,” explains Mark Mulligan, managing director of MIDiA Research, which published a report on Tuesday into the economics of YouTube. “YouTube streams have grown massively while revenues have grown very little.””*
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Hosts: Cenk Uygur
Cast: Cenk Uygur
The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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