YouTube: is it the good or bad guy of the music industry?

News: 20th April 2016 by Louise Dodgson under Media, Record Labels, Selling & Distributing Your Music

YouTube has long been criticised for not fairly sharing revenue with artists and bands, with manager of the Red Hot Chili Peppers and Metallica, Peter Mensch, recently speaking up. The video platform argues in its defence that is has generated billions for the music industry. So why isn't the money being passed down the chain to those who created it? The age old argument of payment vs exposure arises and breaking on YouTube can clearly launch artists into another stratosphere. Have a read of the Guardian article below and let us know your thoughts in the comments.