It's been more than six months since we revealed changes in the code of the YouTube Android app that indicated the long-rumored YouTube streaming service was imminent. So what's the holdup? A rocky relationship between YouTube and independent music publishers may be to blame. Late last week the Worldwide Independent Network, a trade organization for indie musicians and labels, issued a press release decrying Google's treatment of independent labels.

The press release explicitly states that YouTube has approached labels both big and small with contracts for a new music service... and that the terms being offered to independents, or at least those represented by WIN, are unfair.
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