BBC News - YouTube to block indie labels as subscription service launches

YouTube will remove music videos by artists such as Adele, Arctic Monkeys and Radiohead, because the independent labels to which they belong have refused to agree terms with the site.

Google, which owns YouTube, has been renegotiating contracts as it prepares to launch a music subscription service.

A spokesperson for the indie labels said YouTube was making a "grave error of commercial judgment".

YouTube said it was bringing "new revenue streams" to the music industry.

Speaking to the Financial Times, Robert Kyncl, YouTube's head of content and business operations, said videos from independents could be blocked "in a matter of days," if new licenses are not negotiated.

The three major record labels - Universal, Sony and Warner - have all agreed terms with the site, but smaller independents are holding out.

http://www.bbc.com/news/technology-27891883

Hey Google! Don't be evil. Remember that???