The latest on YouTube confirms that streaming music sales are definitively on the increase. Music downloads is declining and Vinyl is hip again. Are “all media” clauses in record industry contracts still an effective way of protecting clients? It seems that there is growing scope for IP lawyers to use more tailored agreements to reflect new trends.
YouTube has struck a deal to license music from the thousands of independent record labels represented by the rights agency Merlin, setting the stage for the launch of its long-awaited subscription service.