YouTube stands by UK video block

Found on BBC News on Monday, 09 March 2009
Browse Internet

It is removing all premium music videos to UK users after failing to reach a new licensing agreement with the PRS (Performing Rights Society).

Steve Porter, head of the PRS, said he was "outraged... shocked and disappointed" by YouTube's decision.

In a statement, Mr Porter said the move "punishes British consumers and the songwriters whose interests we protect and represent".

I really hate those music groups. They whine and cry if even a single second is played without compensation and hurl a legal armada at everybody who dares not to pay up. Now, Youtube decides not to pay and does not play music, and now they whine and cry because they do so. They just cannot make up their minds. If the price of a product is too high, it gets rejected. Mourning over that doesn't change the fact that the pricing is way off. Somebody should tell Porter that those problems were created by the inability of the industry to adapt to modern times. Welcome to today.
Update: Another article mentioned that the PRS had a record revenue in 2008 (over $840mil). So, they made tons of money but still claim they earn not enough.