You ever tried to embed a music video owned by Universal on Youtube? They stop you, right? That's because, for as long as I can remember, they have hated, and fought against the internet. They feel it owes them. And big.
"I've always felt, and this is just in general, that there's an oil
well for the record industry in their music videos, and so does
Doug Morris," said Universal bigwig Jimmy Iovine this week. "Universal Music Group had 3 billion views on YouTube
and we are so underpaid for those videos. Now, we'll set up an
infrastructure, and Doug's in charge of this. We'll make a deal
where we really see the value. We have the most perfect content for
the Internet. People love to watch them and they watch them over
and over again. If "Saturday Night Live" gets 100,000 views on the
Internet, they throw a party. Soulja Boy, on his site alone, got
500 million! It's nuts. The Lady GaGa video has 25 million
views."
"This is all going to be turned back toward the labels," he continued. "That value
has to be achieved."
Forsooth!
adam.alphabet edited their content: Iovine: This is all going to be turned back toward the labels
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