Blog: Consequence Of Sound

Universal Music Group and YouTube hold hands, make something new yet old

Apr 13, 2009, 9:39am

Rejoice! Universal Music Group's video library and music content can be viewed online again. After a fight with YouTube over ad revenue (UMG felt like they were getting gypped, of course), UMG has apparently made nice with Google's pride and joy - Warner Music had also banned YouTube from showing their content for the same reason. The ad money, at the core of the issue, will now be split in half. According to Billboard.biz , "advertisers pay an average of only $3-$8 for every thousand views that their ads receive. While that has resulted in "tens of [...]

Tags: News, youtube, universal music group, vevo

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