Major Labels At Odds With Music 2.0 Companies

DEVELOPING STORIES:

UPDATED: Over what should have been a slow pre-holiday weekend two stories broke that again put the major labels at odds with several major Music 2.0 companies. Here are links to our updated coverage:

• Unable to get the revenue share is sought, Warner Music Group pulled all of its label and publishing content off YouTube. We have up to date details and a commentary. Earlier in the week Universal claimed it would make $100 million from online video in 2008.

All four major labels are in the middle of re-negotiations with Google owned YouTube who are warning them to expect small payouts.

• At the request of several major labels and publishers MySpace pulled all Project Playlist widgets from the site. Thus far, they remain up on Facebook.

The RIAA filed a lawsuit on behalf of its label members against Project Playlist in April claiming copyright infringement.

• Sony BMG signed on with Project Playlist on Monday.

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