Robert Cookson
YouTube does U-turn over blocking indies
YouTube has postponed a controversial plan to block certain record labels from its video platform, following an outcry from the creative community and growing scrutiny from European regulators.
Two weeks ago, the Google-owned company warned that “in a matter of days” it would start taking down videos from a number of record labels that had refused to sign its new licensing terms.
But the uproar that followed the revelations has prompted YouTube to make a last-minute U-turn. The world’s largest video streaming company is allowing more time to negotiate a solution with labels, although it still intends to block them if they cannot reach agreement, according to people familiar with the matter.
YouTube has already sent letters to a number of record labels giving notice that their existing contracts will be terminated.
Growth stalls in readers paying for online news
The media industry failed in 2013 to persuade more customers to pay for its online news services, in spite of experimenting with new ways of charging for content, new research has found.
According to a survey of 19,000 people in 10 countries, conducted by the Reuters Institute for the Study of Journalism at the University of Oxford, only one internet user in 10 was willing to pay for digital news -- exactly the same proportion as in 2012. However, the study did contain some encouraging news for media groups as, even though paying customer numbers remained flat, the proportion willing to commit to subscriptions -- as opposed to one-off payments, day passes or app downloads -- increased.
Of all those paying for online news, 59 percent now have a subscription, compared with 43 percent in 2012. As subscribers generally pay more than occasional customers, they are likely to have boosted the online revenues for many publishers. This phenomenon is consistent with the findings of another report by US research group Pew that concluded “more revenue is being squeezed out of a smaller, or at least flat, number of paying consumers.”