No More MV on Youtube…

Well…as you guys might have noticed…

Those from within the UK can no longer access music videos on youtube…ALL of them…Starting from 6pm yesterday (9 March), all professional MVs are being removed from British viewership…by phases..

Why?

All these while, Youtube is not allowed to broadcast vides online for free…the company pays for royalties…
In UK, they pay to a company called Performing Rights Society (PRS), which collect the money on behalf of record companies…Recently PRS came out with new agreement (which I assume is asking for more money), which Youtube could not agree on…Google, which bought over Youtube thinks that it is now too expensive to maintain those videos online…

News describe this as a row between PRS and Youtube…which is still unsolved…and currently a lose-lose situation for everyone….

Read the news HERE and HERE.

A good news for us who are doing assignments?
Bad news for juniors who will be coming over soon? =P

Probably everyone will be flocking MySpace for music videos after this…LOL