Another slight set back in the record industry embrace of technology. Warner steps away from their YouTube contract for streaming artist videos. Sad. I really was hooked on YouTubing that 4 Minutes video, Madonna. Warner is still honoring the video streaming contract at MySpace though. So, it seems like a bit of a personal grudge with the unquantifiable and suprisingly low monetizeable video sharing pinnacle.
I can’t say that I am totally siding with the Google folks since I don’t hear of any company making lots of money from any of the video sharing sites. A definite future prospect. But suspiciously slow for the marked advancement of streaming technology.
No brotherly love for Warner
Burn by Ray LaMontagne