The latest company to be caught in the crossfire of testy relations between labels and publishers looks to be music service Vevo. Here’s National Music Publishers Association CEO David Israelite talking about the service: “Today, you have VEVO talking about reaching $150 million in revenue and wanting to grow to $1 billion. A large amount of the music videos being played are not getting licensed [by our members] and publishers are not being paid.” At issue: publishers’ suspicion that labels are classing Vevo as “promotional purposes” and thus not passing on publishing royalties for some songwriters.
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Via @musically: Vevo criticised by US music publishers – The latest company to be caught in the crossfire of testy r… http://t.co/NYQ7FVZO
Via @musically: Vevo criticised by US music publishers – The latest company to be caught in the crossfire of testy r… http://t.co/MjibOEDR