The National Music Publishers Association (NMPA) has finally reached a settlement with YouTube.
The NMPA, which represents legions of songwriters and music publishers, is relinquishing its four-year-old litigation against the hugely popular video sharing service.
As it’s presently understood, the agreement makes it possible for music publishers and songwriters to begin collecting royalties from songs uploaded to YouTube, even if the post in question doesn’t include the original music video by the artist.
“Today,” YouTube stated on its blog, “we’re happy to announce an agreement with two leading U.S representatives of music publishers — the National Music Publishers Association (NMPA) and its subsidiary Harry Fox Agency (HFA) — that will help more music publishers, and the songwriters they represent, make more money from use of their compositions in YouTube videos uploaded by fans.”
“We already have deals in place with a number of music publishers in the U.S. and around the world, and today’s deal offers more choice for rights holders in how they manage use of their songs. Going forward, the 46,000 music publishers already affiliated with HFA will be able to license the musical compositions they represent for use by the YouTube community.”
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