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- SPA and YouTube come to an agreement concerning the compensation of author’s rights
SPA and YouTube come to an agreement concerning the compensation of author’s rights
A month later than it was previously announced, a new agreement between the Portuguese Society of Authors (SPA) and YouTube has been implemented. <ins></ins>According to SPA’s President, José Jorge Letria, the annual remuneration YouTube used to pay to Portuguese artists will be increased by 120%. Thus, the agreement defines a fixed amount the American company will have to pay every three years for making musical clips available on its platform, independently of the money the artists already receive through advertisements. “Portuguese artists are now better protected” declared Letria to the media Lusa.