In a potentially groundbreaking move for the music / entertainment industry, Warner Music Group is set to announce an deal to distribute copyrighted content through the video upload/download/streaming megahub, YouTube.
Details are still emerging, but interesting provisions have already been leaked regarding the preemption of inevitable remixing and mashing. YouTube has apparently developed royalty-tracking software that promises to “detect when homemade videos are using copyrighted material.” Somehow, the technology will enable Warner to maintain ownership control and “review the video and decide whether it wants to approve or reject it.”
“Technology is changing entertainment, and Warner Music is embracing that innovation,” said Warner Music Chairman Edgar Bronfman Jr. “Consumer-empowering destinations like YouTube have created a two-way dialogue that will transform entertainment and media forever.”
An interesting twist to a weekend that began with Universal Music Group’s head, Doug Morris, flat-out cursing out YouTube and similar Web sites as “copyright infringers.”
Read the entire A.P. article (source).
MORE: TechCrunch, PaidContent. Buy the rumor, sell upon the news?
UPDATE: NYT’s article quotes Sonific CEO Gerd Leonhard:
“The record companies are realizing their game is completely lost in terms of controlling the market,” Mr. Leonhard said. “Digital sales aren’t picking up as they should. If they don’t play ball now, they’re going to sit by themselves while everyone else is using their content for nothing.”
PLUS: Peter Kafka in Forbes on the adolescence of YouTube.