Koda and YouTube enter into agreement
PRESS RELEASE – 4 November 2013
In future Danish songwriters and composers will receive payment when their songs are played on YouTube. Now, with this agreement, the vast majority of all online music consumption will generate income for the artists behind it.
After lengthy negotiations Koda, the Danish organisation protecting the interests of music creators, and video platform YouTube today announced that they have entered into an agreement that gives Danish songwriters and composers the opportunity to make money from music that they make available on YouTube in Denmark. The agreement is in effect from 1 November 2013 and will be based on revenue generated by advertisements shown when YouTube-partners’ videos are accessed.
Anders Lassen, CEO of Koda, is very pleased to see the agreement safely concluded:
”This agreement with YouTube is a milestone. We have now ensured that our members will receive payment when their music is used on this highly popular online service. It is crucially important to us that with this agreement the vast majority of all online music consumption will generate income for the artists,” he says.
Director of Google Denmark, Peter Friis, adds:
”We are very pleased indeed to have entered into an agreement with Koda and, hence, with the many artists represented by Koda. This agreement will create better conditions for producing Danish content and will allow artists, composers, and songwriters to make money from their music on YouTube,” says Peter Friis, further adding that ”the agreement is also a great boon to all YouTube users, for whom the act of listening to music and discovering new artists on YouTube is an important aspect of their online experience”.
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