LOS ANGELES (TheWrap.com) - The National Music Publishers' Association has negotiated a far-reaching licensing deal with Universal Music Group on music videos, the group announced on Tuesday. It is the first major-label deal to pay royalties to songwriters and music publishers for videos. The pact also could end up providing additional royalties for songwriters and music publishers in emerging platforms like ringtones. It comes as many musicians have grown more frustrated about the lack of financial compensation they receive for use of their work in new media services like Vevo and YouTube. ...
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