Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Youtube agrees on royalty payments

Mar 25, 2014
From wire reports, TALLINN

The Estonian Authors' Society (EAS) concluded an agreement at the beginning of March with Youtube, which belongs to Internet giant Google, whereby in the future Estonian authors will receive, via EAS, a certain percentage of Youtube's Estonian advertising revenue, reports Postimees.

EAS board member Mario Kivistik said that it isn’t known yet what kind of money is involved, but based on earlier experiences it can be forecast that the amount will be lower than radio and TV fees. EAS will take 10 percent of the money to be paid by Google, and 90 percent will be distributed to authors based on the number of clicks.

EAS launched talks with Youtube four years ago and, since then, Youtube has shown general image ads when displaying videos by Estonian authors; the company should have paid a part of the turnover of that to EAS, Kivistik said. "Now the legal confusion has been solved, contracts have been signed and for a week now, when displaying Youtube videos, advertising targeted at Estonian audiences is shown," he said.

The authors should get the first fees, to be paid once a quarter, in September.

 MORE NEWS
  • Russia offers opening for Kohv...
    Yevgeni Aksyonov, the defense lawyer appointed by the Russian state to represent E...
  • Candidates had outside help du...
    Latvia’s election campaigns ahead of the 12th Saeima elections were remarkab...
  • Birute Uhlan Battalion leaves ...
    A contingent of about 40 soldiers of the Lithuanian Grand Duchess Birute Uhlan Bat...
  • PA board quits ahead of Citade...
    The Latvian Privatization Agency board has resigned ahead of the pending 100 mi...
  • Poroshenko recalls Ukrainian a...
    Ukrainian President Petro Poroshenko has recalled the country's ambassadors...
  • Estonia to Poland in four hour...
    Transport Ministers in the Baltics have signed a major agreement over the futur...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.