YouTube Inks Deal With Independent Music Publishers, Ending Lengthy Legal Battle

YouTube has agreed to pay licensing fees to the National Music Publishers Association (NMPA), ending a four-year battle between the Google-owned company and over 3,000 independent music publishers.

In 2007, NMPA filed a class-action lawsuit against YouTube, alleging the popular video sharing site infringed on songwriters’ rights by hosting videos that featured copyrighted songs. YouTube will now pay songwriters a cut of advertising revenue from videos featuring licensed music, including videos with covers of a licensed song. The terms of the royalty agreement remain confidential.

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YouTube to Launch Original Channels Next Year?

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Does YouTube plan to launch a series of original channels early next year? Reports on the Net suggest that they are, and the popular video sharing site may also be hosting a high-stakes competition to find the nation’s best producers.

According to All Things D, YouTube is currently searching for professional video producers to create original content for the site’s upcoming channels. Each of the 20 channels will reportedly focus on a specialized topic – for instance, food, sports, and entertainment news – with producers consistently creating unique and compelling content that is also advertiser friendly.

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YouTube to Offer Movie-On-Demand Service

YouTube will reportedly offer on-demand streaming rentals of new movies, a service which could begin as early as next week, The Wrap reports.

Sony, Warner Bros., and Universal are among the studios that have reportedly inked deals with the popular video sharing website, as have numerous independent studios including Lionsgate and Kino Lorber. Movie executives with insider knowledge report that Paramount, Fox, and Disney have declined to participate. 

"What's really good about their approach is rather than another subscription offering, they're going into a fresh area where there has been fewer leaps forward,” an unnamed source said of the deal.

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Watch the Royal Wedding Live on YouTube

The royal wedding of Prince William and Kate Middleton is a little over a week away and chances are good you didn't receive an invite to the big event. Not to worry. The royal household officially invites you to share in the joyous celebration by watching the April 29 wedding live on the Household's official YouTube channel.

According to the video invite (below), viewers can watch every moment of the wedding as it happens, read live commentary about the event, watch the procession, and listen to video messages people around the world have uploaded for the happy couple. Those who just can’t wait until April 29, can view a few wedding themed videos already uploaded to the Royal Household’s official YouTube channel. Videos currently up for viewing include the making of the royal wedding cake and the symbolism of the candy flowers that will adorn it.

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Next New Networks SEC Filing Hints at Finalized YouTube Buyout

Google’s YouTube is reportedly in talks to buy Web content producer Next New Networks, and the New York-based startup has just filed with the SEC in relation to $19.4 million in equity financing – basically confirming they’ve been bought out by YouTube.

NNN also raised $1 million in debt funding last year when YouTube acquisition rumors starting flying.

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