YouTube and UK-based publishing rights group PRS for Music have now resolved their royalty dispute, according to official word Wednesday. The deal involves an upfront lump sum and runs through 2012, a structure that does not include per-stream arrangements or minimums.
In March, Google proactively pulled content, blaming unreasonable royalty requirements. YouTube may have carried a significant advantage in the discussions, based on its yank-down, though PRS appeared just as stubborn.
Either way, a compromise was reached. Now, YouTube is activating a massive number of music videos, as well as other video content that includes PRS-represented composers, publishers, and songwriters.

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