YouTube/PRS Details: Advance Payment, Three-Year Deal, Figures Secret

Google (NSDQ: GOOG) is putting up another wadge of advance cash for the revised terms of its renewed license for YouTube to use music in the UK, an agreement that ends an at times acrimonious dispute (see our earlier report). “The deal goes back to January. It runs to June 30, 2012, and it’s a lump sum deal, but the rate isn’t being disclosed,” PRS For Music’s online and broadcast MD Andrew Shaw...