I heard this was an overstatement. I don't think it will happen. It would be ridiculous.
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Appears so, the media couldn't pass up the opportunity for this headline
http://www.theguardian.com/technology/2014/jun/18/youtube-indie-labels-music-service
http://www.digitalmusicnews.com/permalink/2014/06/17/youtube-not-going-remove-music-videos
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http://www.forbes.com/sites/hughmcintyre/2014/06/18/youtube-is-about-to-delete-independent-artists-from-its-site/
What do you think about it?
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