How about not jumping in with both feet but doing a little reading.

http://www.prsformusic.com/aboutus/press/Pages/PRSfo...

For those who dont follow links:
Songwriters, composers and the YouTube community benefit as licence is concluded and premium music videos return to YouTube.

PRS for Music and YouTube have announced a new licensing agreement that covers music contained in videos streamed via the online video platform. As a result, premium music videos will be reinstated to YouTube in the United Kingdom.

The deal will be backdated to January 2009, when YouTube�s previous licence expired. As a result of the agreement the songwriters, composers and music publisher members that PRS for Music represents will be rewarded when their music is used.

^^^ Only applies to artists who are members of MCPS and PRS and have registered specific music with them. MCPS are basically nothing more than an agent.
Any contract an artist has with a record company are still valid, as an example if i had a song with Sony Music and neither of us were members its more than likely my contract says Sony control the copyright, so as an artist i have no say anyway, if i did or didnt want it on youtube even if i then joined that organisation. Go look up what happened to Ok go with emi as an example and youtube.

Edited by deleted (Thu 02-Sep-10 18:50:37)