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YouTube Reaches Major Music Deal

Posted by DarC 
YouTube Reaches Major Music Deal
April 09, 2013 06:16PM
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"The changing tides of fortune in the music industry have propelled YouTube to a position of power in the music market. YouTube has become the place where people go to discover new music and listen to their favorite artists. Now YouTube is extending its global reach even further through new agreements with two major players in the worldwide music publishing industry. YouTube has made international agreements with the Society of Authors, Composers and Publishers of Music (SACEM) and Universal Music Publishing. The agreement will also make it easier to track what is popular throughout the world, as Billboard Magazine has begun to factor YouTube plays into the Billboard Hot 100 charts."

[techbeat.com]
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