METALLICA Co-Manager PETER MENSCH Says YouTube Is 'The Devil'

METALLICA's co-manager Peter Mensch is one of a number of music industry players who have commented on the growing fight between record labels and YouTube, calling on the Google-owned video site to hand over more revenue to rights holders. "YouTube, they're the devil," he told a BBC Radio 4 documentary on the music business. "We don't get paid at all." Despite the fact that YouTube has an estimated 900 million users, it generates roughly $680 million (€600 million) a year for the music indus...

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