Music videos by artists such as Madonna, Led Zeppelin and The Red Hot Chilli Peppers have been pulled from website Youtube due to a dispute between Warners and Google, which owns the site.
A deal had been struck between Youtube and the music industry two years ago in which the site agreed to pay a fee and share ad income when an artist’s video was played. However Warners is said to be unhappy with the current deal and, while they still hope to sign a new agreement, admitted that talks had broken down over the weekend.
A spokesman for the label said: "We simply cannot accept terms that fail to appropriately and fairly compensate recording artists, songwriters, labels and publishers for the value they provide." The label has already begun the process of removing videos by its artists from the video-sharing site.
A statement posted by Youtube to its users said: "Every day we work with the music community to license your favourite music for you to use on YouTube. But music licensing is very complicated. Sometimes, if we can't reach acceptable business terms, we must part ways with successful partners. For example, you may notice videos that contain music owned by Warner Music Group being blocked from the site."
Created in 2005, Youtube is currently one of the most popular places to watch music videos. It is unsure at this stage whether other record labels are considering a similar move.
Chris Catchpole
3:03 PM | 22/12/2008
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