YouTube licenses music for use in videos

YouTube has worked out a deal with a UK licensing company that will see its uploaders being able to use the music of over 50,000 composers legally on their uploaded videos.

The licensing company represents and brings in the royalties on behalf of over 50,000 composers, songwriters and publishers, with over 10 million combined pieces of music. Google owned YouTube has supposedly paid out a flat fee in exchange for the usage of the library of music. No terms of the deal, as well as dollar figures have been released.

This is a big move in Google's efforts to ward off copyright hungry record labels.

[via Reuters]

Tags: artisit, composers, google, license, music, record labels, RecordLabels, youtube