22 March 2012 : MACP inks deal with YouTube

MACP

YouTube, the world’s largest online video sharing community today announces the launch of a localized service for Malaysia. In anticipation of the Malaysian service, YouTube has signed a licensing agreement with MACP that will allow Malaysian songwriters and composers represented by the local collecting society to earn revenue on YouTube.

In a press release, Adam Smith, Director of Product Management of YouTube in the Asia-Pacific region said, “Over the last few years Malaysian have been watching YouTube in high numbers and by launching a version of the site optimized for Malaysia today, we aim to create an even more relevant local YouTube experience. Revenue is generated when advertisements are displayed against YouTube Partner’s videos. Under this agreement, Malaysian authors will now receive payments from their association when rights holders distribute them.”

“We are excited to ink this deal with YouTube as it will pave the way for new revenue opportunities for our members and affiliates” says Ms Chan Miew Lan, General Manager from MACP. “YouTube is extremely popular amongst Malaysians and we are pleased of this decision to monetize the traffic which will benefit songwriters and music publishers when their music is used on YouTube”.

Songwriters and music publishers are to note that if there is any content which you want to be removed from YouTube, you can go directly to this link http://youtube.com/t/copyright_notice.