You can rely on the PRS to let down the music business. With musicians struggling just as much as everyone else in the credit crunch PRS have failed again to see reality.
Their latest failure to engineer a deal with YouTube is regrettable. PRS say they argue the case of the songwriters but once again fail to disclose which artists would be covered by a new deal with YouTube.
One reason that PRS won't disclose who will benefit from a new deal with YouTube is that apart from the PRS fat cats earning £400,000 a year the main beneficiaries will be the multi-millionaire artists whose videos will be most played on YouTube while the smaller musicians will see little.
Unfortunately all PRS will succeed in doing, in their aggressive approach with YouTube, is further drive people to piracy sending them to illegitimate video and music websites.
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