London
07 December 2016
Reporter: Barney Dixon
YouTube’s $1 billion not a reason to celebrate, says IFPI
The International Federation of the Phonographic Industry (IFPI) has poured scorn on YouTube’s claim that it the $1 billion it had paid to the music industry over the past year is sufficient.

In a blog post on 6 December, YouTube claimed that it had paid the sum from advertising alone, “demonstrating that multiple experiences and models are succeeding alongside each other”.

“Even as music subscriptions have been growing faster than any other subscription type, advertising is another powerful driver of revenue.”

But IFPI said that this figure was “unexplained” and gives “little reason to celebrate”.

It said: “With 800 million music users worldwide, YouTube is generating revenues of just over $1 per user for the entire year.”

“This pales in comparison to the revenue generated by other services, ranging from Apple to Deezer to Spotify. For example, in 2015 Spotify alone paid record labels some $2 billion, equivalent to an estimated $18 per user.”

IFPI argued that YouTube, despite being the world’s largest on-demand music service, is not paying artists and producers a fair rate for their music.

“This highlights more than ever the need for legislative action to address the ‘value gap’ that is denying music rights holders a fair return for their work.”

More Industry news
The latest news from IPPro The Internet
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Copycats plague publishers
22 May 2017 | Barcelona | Reporter: Barney Dixon
Copycat publications remain an extremely damaging problem, News Corp’s Jeffrey Parnass said at the 2017 INTA Annual Meeting in Barcelona
Tinder opposes Shinder’s trademark application
17 May 2017 | London | Reporter: Barney Dixon
Tinder has objected to a trademark filing from one-man dating platform Shinder
China could establish appellate IP court
15 May 2017 | Chengdu | Reporter: Barney Dixon
The court would be modelled on the US Court of Appeals for the Federal Circuit and cover mainly technology-related issues
Bird & Bird nests with Incopro
10 May 2017 | London | Reporter: Barney Dixon
The law firm will use the Incopro’s Talisman technology as part of its solutions suite
UK IP Unjustified Threats Bill receives royal assent
04 May 2017 | London | Reporter: Barney Dixon
The bill will provide protection for legal advisors and IP owners who face damages for “unjustified threats”
Pre-installed software for piracy makes IPTV players illegal
26 April 2017 | Luxembourg | Reporter: Barney Dixon
The CJEU has ruled that any media player marketed and sold with pre-installed software allowing access to pirated content infringes the copyright owner’s right of distribution to the public
World IP Day: Innovation improves lives
26 April 2017 | Geneva | Reporter: Barney Dixon
WIPO director general Francis Gurry has praised innovation for improving people's lives