youtube coins royalty deal with uk music alliance
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Google/YouTube has reached a blanket royalty agreement with MCPS-PRS in an unprecedented business deal that will give YouTube access to over ten million pieces from MCPS-PRS represented music, and will provide royalties to over fifty thousand rights-holders in the United Kingdom.
This deal is an enormous win for Google, who is currently facing a $1.5 billion dollar lawsuit from a collective of American plaintiffs spearheaded by the massive media entity Viacom.
