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“Despite our best efforts, we were unable to reach a fair agreement before the expiration of the agreement,” the spokesperson said.
“We take copyright very seriously and as a result, content represented by SESAC is no longer available on YouTube in the US. We are in active talks with SESAC and hope to reach a new agreement as soon as possible,” he concluded.
According to a source who spoke to Varietythe deal is reportedly set to expire next week.
The steps taken by YouTube may just be a negotiation tactic. Unfortunately, SESAC has not provided an official statement.
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