IMPALA AND WIN CALL YOUTUBE’S DECISION TO LAUNCH STREAMING SERVICE WITHOUT INDEPENDENT LABEL SUPPORT “A GRAVE ERROR OF COMMERCIAL JUDGMENT”

The Worldwide Independent Network (WIN), the organisation that represents the interests of the global independent music community, has issued a new statement further questioning the actions of YouTube as the Google owned company presses ahead with plans to block and “cull” the content of independent labels that do not sign up to a new music streaming agreement.

ON WORLD CULTURAL DIVERSITY DAY, IMPALA CALLS ON THE EU TO BUILD A NEW FRAMEWORK TO ACHIEVE DIVERSITY, COMPETITION AND ‘FISCAL FAIRNESS’ IN THE ONLINE ENVIRONMENT

Cultural diversity is at the heart of what the EU is: a union of different cultures, different languages, different lifestyles. Culture is one of Europe’s main assets – a social asset through its inherent value, but also an economic asset through its contribution to jobs, growth and trade. The cultural and creative sectors are crucial to the European economy, producing faster than average growth and accounting for 4,5% of the EU’s GDP and 8,5 million jobs. They are also a key element of the EU’s soft power on the international stage.