12/12/11

YouTube buys US-based music rights company - GMA News Online - The Go-To Site for Filipinos Everywhere

YouTube buys US-based music rights company - GMA News Online - The Go-To Site for Filipinos Everywhere: "SAN FRANCISCO (AFP) - YouTube said Friday it has acquired RightsFlow, a New York-based company which manages music rights for songwriters, recording artists, record labels and online music services.

"As new ways of consuming music have emerged, RightsFlow has been at the forefront of solving the complex issues of licensing and royalty payment management," YouTube product manager David King said in a blog post.

"By combining RightsFlow's expertise and technology with YouTube's platform, we hope to more rapidly and efficiently license music on YouTube, meaning more music for you all to enjoy, and more money for the talented people producing the music," King said.
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