There has been a lot of talk overnight about YouTube (owned by Google) not being able to come to a royalty deal with the PRS in UK, thus leading to all music videos being removed from YouTube effective immediately. Here are links to the statement about the situation from YouTube and the PRS.
I don’t want to just run through what many other sites and news sources are writing about, I wanted to discuss why a solution didn’t happen and what is going to happen next to both the PRS and YouTube.
YouTube and the PRS couldn’t come to a royalty deal mainly because the PRS were asking for a lot and they were providing no real information in return. The PRS were asking for blanked royalties but weren’t able to specifically say what artists would receive the royalties and what amounts they would receive. YouTube stated the following:
“PRS is now asking us to pay many, many times more for our license than before…we would lose significant amounts of money with every playback. In addition, PRS is unwilling to tell us what songs are included in the license they can provide so that we can identify those works…that’s like asking a consumer to buy an unmarked CD without knowing what musicians are on it.”
It is kind of like the PRS just expected YouTube to meet their demands no matter what they asked. In addition, on the PRS statement for some reason they mentioned Google’s last quarter revenues for 2008 in which have completely no relevance in this case. The PRS still seem to be using old methods to try to force companies into agreements that just simply aren’t realistic in this current economic climate. Remember that Pandora is not in the UK anymore because the PRS couldn’t offer them a decent agreement and forced them to basically close up shop in this country.
This leads me to believe that there is now a potential for YouTube to launch a spinoff site as already reported with all four major labels, which will attract high levels of advertisers and also possibly sidestep old music companies like the PRS.
I got a very interesting email this morning from an unknown Czech email address. It was to showcase a new site just launching called Allofmp3Download.com. Now doesn’t this site sound very familiar. Mid way through 2007 a site called Allofmp3 was shut down by the Russian government. Pressure from the United States, and a refusal to enter the World Trade Organisation (WTO) convinced the Kremlin to take the website down for good.
This new site Allofmp3download.com sounds very much like it is coming from the same source. It has the exact same characteristics as Allofmp3, but seem to be selling very cheap music video downloads instead of the basic mp3s. I’m guessing it will only be a matter of time before this new site is shutdown, so if you are after cheap music videos then make sure you head over to Allofmp3download now.
There are also other alternative sites that seem to be offering a similar service as the old Allofmp3.
MP3 Search carry in excess of 50,000 albums from 46,000 artists. Prices start at $0.19 per track. Most tracks are in high quality bitrate, 320 kbps. The site accepts major credit cards.
MP3 Fiesta hold nearly 67,000 albums from nearly 17,000 artists. Prices are around the $0.10 mark for single tracks with full albums coming in at roughly $1.00. Tracks are available from 192kbps and they take major credit cards.
Another allofmp3 replacement, LegalSounds.com prices are $0.09 per song, full album downloads average $1 each. Music carried includes the US Top 100 Albums/Singles, European Top 100 Albums and UK Top 50. Tracks are available between 192kbps and 320kbps and they take major credit cards.
Just Music carry around 160,000 albums from 44,000 different artists. Prices vary according to the amount of credit you apply to your account and range between $0.11 and $0.15 per track. Tracks are available at 192kbps and they take major credit cards and PayPal.
GoMusic claim to carry over 35,000 tracks. Prices are $0.19 per track and around $2 per full album. Tracks are available in various bitrates and they take major credit cards.
MP3 Skyline appears to be offering a huge amount of music. The site claims a staggering 2.2 million tracks available from over 128,000 artists. Prices are around the $0.35 mark for single tracks and encoded at 192kbps. Major credit cards and PayPal are accepted, along with other payment options. They also have a free download of the day, currently ‘Seeing Red’ by Killing Joke.
MP3 Sale boasts a cataolgue of over 90,000 albums from 23,556 artists. Prices are $0.15 for a single track with full albums around the $1.50 mark. Tracks are encoded at 192kbps and the site takes all major credit cards, PayPal and a wide range of other payment options.
iSound currently offer nearly 60,000 albums from 14,000 artists. Prices start at $0.11 per track up to a maximum of $0.15, depending on the amount of credit deposited in your account. Tracks are encoded at a minimum of 192kbps. Major credit cards and PayPal are accepted.