The Music Producers Guild is lending its support to Independent record labels as they battle YouTube for a better deal for continued access to YouTube's online video platform.
In a statement, the MPG board said:
"With regards to the recent dispute between YouTube and independent labels and the unfavourable terms which YouTube seeks, without negotiation, to impose upon independent record labels, the Music Producers Guild is deeply concerned about Google's apparent abuse of its monopoly and associated market power and the adverse effect this will have on the wider industry and funds available for innovative and creative content production in the future.
"Independent record producers everywhere, in common with recording artists, rely upon the income from sales and streaming of music files, the production of which they have been responsible, often with little or no credit (itself ironic in this digital age). Attempts by international media conglomerates to throttle negotiation and impose unfavourable and unjust terms upon independent record companies, whom they perceive to be "small fry" and thus "fair game", should be opposed at every opportunity."
For more information on this subject and the MPG's response to it, please visit the link below.