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San Francisco-based live video-hosting service Ustream has concluded comprehensive agreements with three Japanese music-rights societies: JASRAC, Japan Rights Clearance and e-License.
The deal was announced last month (2010.07.09) by Ustream Asia, a Tokyo-based joint venture set up by Ustream and Japanese telecommunications and media company Softbank (which holds a stake in Ustream).
The agreement allows users to upload videos containing music managed by the three copyright groups to Ustream’s website. Ustream, which claims to have more than 110 million viewers per month globally, will pay royalties to the three groups from revenue gained through advertising and other sources.
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