Indie labels sign fair deal pact

Earlier this month, the Financial Times reported that YouTube had softened its stance against independent music labels and had postponed an immediate move to block content from labels that had refused to sign up. The WIN declaration states that the coalition of music labels will secure for artists a “good-faith pro-rata share” of revenue from music streaming services. It adds that agreements with streaming providers will be “clearly explained”, while there will be better information about contracts and other agreements concerning the use of their work. – BBC News