Universal Music Netherlands has now licensed the use of various live performances from Amsterdam nightclub Paradiso. The deal allows live music upstart Fabchannel.com to record gigs involving Universal Music artists, and subsequently distribute the streams and downloads across different territories.
Other Fabchannel-wired venues are also part of the deal. "This is a milestone for Fabchannel's ad-supported live music video model, which enables artists, labels and media companies to make their live music available," explained Fabchannel chief executive Justin Kniest. Just recently, independent Dutch investment company Foreman Capital and the City of Amsterdam purchased substantial minority stakes in Fabchannel.

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