Youtube Signs up More Publishers

On a post on their blog yesterday, YouTube announced that they've reached publishing deals with BMG Rights Management, Songs Music Publishing, Reservoir Media Management and more. "We're committed to making sure their (musical artists) work can reach the widest audience, and that singers and songwriters will continue to be appropriately compensated for these works", states Youtube. 


The new deals will allow YouTube to monetize almost all user generated music videos. According to them, this will allow publishers, songwriters represented, and record labels and artists to all make money. This monetizations allows publishers and labels to then reinvest in old and new careers, keeping the music industry thriving. 


To read more, click here for the YouTube blog post.