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In a Billboard interview, Apple Music exec and Nine Inch Nails frontman Trent Reznor was asked: "YouTube has been increasingly vilified by the labels. How do you view its current standing?" Reznor replied:
UPDATE: A Google spokesperson responded with this statement:
The overwhelming majority of labels and publishers have licensing agreements in place with YouTube to leave fan videos up on the platform and earn revenue from them. Today the revenue from fan uploaded content accounts for roughly 50 percent of the music industry's YouTube revenue. Any assertion that this content is largely unlicensed is false. To date, we have paid out over $3 billion to the music industry – and that number is growing year on year.Reznor Is On YouTubeReznor's disdain for YouTube has not extended to a Prince-like ban on his music there, however. Nine Inch Nails has an extensive official YouTube channel with almost 23 million total views and 93K subscribers.
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