Major record labels could start Youtube boycott
Apparently many of the biggest record labels in the world could be on the verge of leading a boycott of YouTube because they believe that fans should have to pay to access music videos.
YouTube is usually the first place you would go to to view music videos fro free but many of the record companies believe that this shouldn't be an option and that music fans should pay just like with a subscription service.
The New York Post has reported that many companies have already started to plan to pull many of their music videos from everyone's favourite video site.
In my opinion, if these rumours are true, then it just shows the greed of many record labels. The point of a music video in its simplest form is that it is supposed to promote a song so that music fans can watch and listen to their favourite artists and then go out and buy their music.
Granted, this system has moved on a lot since the early days of music videos in that fans can now access music in other ways such as through streaming without directly buying specific tracks or albums.
It seems to be this fact that is really angering music companies because rather than buying or even listening to tracks on streaming services, music fans can use YouTube to create their own playlists without ever having to pay a penny.
It has long been common knowledge that the music business would like to see free streaming services such as the free Spotify platform abolished and now their pure greed seems to be boundless.