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Record Labels Not Clueless After All
WatchMojo.com Business & Technology —
It’s official: record labels are making a lot of money on YouTube, from CNET:
Universal’s YouTube channel is overwhelmingly the largest on the video site. The record label is the all-time most viewed channel, with nearly 3 billion views. Second-place Sony BMG, the second largest recording company, trails by more than 2 billion views with 485 million total views.
Of the top 10 channels on YouTube, 7 are music related. They include channels from Warner Bros. Records, Soulja Boy, and Disney’s Hollywood Records. ...
YouTube: A Money-Maker For Music Labels, But What About Google?
paidContent —
... YouTube is driving more than traffic to music labels like Universal Music Group. Rio Caraeff, EVP of UMG's eLabs, told CNET that YouTube is adding "tens of millions of dollars" to the recording company's bottom line: "(YouTube) is not like radio, where it's just promotional ... It's a revenue stream, a commercial business." ...
UMG, YouTube, love affair
p2pnet news —
... “For the first time, there are signs that YouTube is driving significant revenue for itself and some of the video site’s partners,” says CNet News, continuing Universal Music Group’s eLabs’ Rio Caraeff says it’s raking in “tens of millions of dollars” from YouTube. ...
YouTube Music Videos Great For Labels, But Google Making Bupkis (GOOG)
Silicon Alley Insider —
... Universal Music Group EVP Rio Caraeff told CNET the company brings in "tens of millions of dollars" from YouTube. Careeff says the business grew 80% in the last year and that YouTube has "finally turned their spotlight on 'How do we turn this into a business?" ...
Vid-Biz: UMG, YouTube, Apple Sued
NewTeeVee —
... Universal Music Making “Tens of Millions” from YouTube; between YouTube and other streaming sites, company has gone from making nothing on music videos to nearly $100 million today. (CNET) ...
Around the Web 12.19.08: I can haz piracy, puppies and reindeer
L.A. Times Tech Blog —
... falling pay: Online ad network Glam puts workers on "variable" pay. VentureBeat
-- Also falling: the value of Silicon Valley start-ups. Business Week
-- But some start-ups are still raising $$$. GigaOm
-- The most famous start-up of this Internet boom, YouTube, now accounts for 25% of Google searches. TechCrunch
-- YouTube is paying off for Universal Music. CNet
-- Game developers are getting in on the YouTube action, too. ...
Video Search: Big Time
dailywireless.org —
... In an interview with CNET News this week, Rio Caraeff, executive vice president of Universal Music Group’s eLabs, said the largest of the top recording companies is bringing in “tens of millions of dollars” from YouTube. ...
Search Biz: YouTube Growing Up, Google Owns Ad Serving Market & More
Wash Post Technology —
... Third, let’s talk about the business aspects of YouTube. CNET spoke this week with Universal Music, the biggest music label in the land, and learned that the label is making “tens of millions of dollars” through its partnership with YouTube. Universal posts its artists’ music videos on YouTube and shares the ad revenue from those videos with Google; they also share revenue on user-uploaded music videos. Says Universal’s Rio Caraeff, “(YouTube) is not like radio, where it’s just promotional. It’s a revenue stream, a commercial ...
Goodbye Warner Music! A step back in the evolution of YouTube
The Next Web —
... Surprisingly enough, Universal Music’s digital chief Rio Caraeff recently raved about how much revenue the YouTube deal generated. He talked in terms of “tens of millions of dollars” and a rise of 80 percent compared to last year. Stories like this one are stimulating, which makes the withdraw of Warner Music even more painful. Let’s just hope it’s part of the negotiations. ...
Warner Music Taking Its Music Off YouTube And Going Home
Techdirt —
... the labels for a promise not to sue users. However, it looks like Warner Music is getting excessively greedy again. Perhaps it's the recent reports that Warner's larger competitor, Universal Music is bringing in significant cash from YouTube that got Bronfman and crew angry, but it's doing exactly the wrong thing in pulling its videos. ...
UMG Reports YouTube Making Them Millions
WebProNews Feed —
... Well, it looks like the most popular video site on the Internet is making somebody money but it might not be Google. Universal Music Group reports that YouTube is making them tens of millions of dollars. Rio Caraeff, executive vice president of Universal Music Group s eLabs and head of their digital group, told CNET : [YouTube] is not like radio, where it s just promotional. It s a revenue stream, a commercial business. It s growing tremendously. It s up almost 80 percent for us year-over-year in the U.S. in terms of our revenue ...
Warner Pulls Music from YouTube
Wired: Epicenter —
... We don't know the exact terms of the ad revenue deal between YouTube and the labels, but Universal
Music Group recently said it's earning tens of millions of dollars from the site and expects to earn more in the future.
Nonetheless, Warner thinks Google should pay a higher percentage of ad revenue for videos that use its music. ...
Warner Music Pulled from YouTube After Talks Fail
Tech Observer —
... That apparently hasn't panned out. Warner's contract is up for renegotiation now, and it seems to have fallen short of the "tens of millions"
that other labels, like Universal Music, are touting as coming from
their YouTube deals. There is no word on exactly what terms Warner is
looking for or how much more money it wants, but talks between the
companies have stalled. In an official statement, Warner says that it
"simply cannot accept terms that fail to appropriately and fairly
compensate recording artists, songwriters, labels and publishers for
the value they provide." Ars has ...
Will Music Labels Abandon the Good Ship YouTube?
The ArtLab —
... The week before Christmas, CNET News reported that according to a Universal executive, the company was pulling in "tens of millions of dollars" through YouTube. But just two days later, ...
YouTube, Universal Music teaming for Vevo, a.k.a. MTV 2.0?
VentureBeat —
... But while Universal already makes tens of millions of dollars from YouTube, I’m sure it would like to make more. And with the downturn, ...
