Why are the big three record labels taking on YouTube’s music licensing? Elliot Chalmers of Music Law Advice explains
The "big three" record labels are taking on YouTube in a bid to change how music is used on the video streaming site. Universal, Warner and Sony want to alter the licencing of music on YouTube, after research revealed that they could be losing millions of pounds of potential income. But with YouTube having hosted music since 2005, why have companies chosen now to try and get a piece of streaming income? Matt Cox spoke to Elliot Chalmers, music law advisor at Music Law Advice, about the situation.