According CNN and the BBC, YouTube will begin blocking the streaming of premium UK music videos within the next several days. The dispute involves a failure to obtain a new licensing agreement between YouTube and the Performing Rights Society.
Below, and excerpt from the BBC NEWS website.
Patrick Walker, YouTube's director of video partnerships said it remained committed to agreeing terms.
But such agreement needed to be done "at a rate which is sustainable to all", he told the BBC.
Thousands of videos were made unavailable to YouTube users from late on 9 March.
Patrick Walker, YouTube's director of video partnerships, told BBC News that the move was "regrettable" but that it continued to talk to the PRS.
"The more music videos YouTube streams, and the more popular those music videos are, the more money YouTube will generate to share with the PRS and its song writers. It's a win-win arrangement.
YouTube, however, cannot be expected to engage in a business in which it loses money every time a music video is played - that is simply not a sustainable business model." he said.
Steve Porter, head of the PRS, said he was "outraged... shocked and disappointed" by YouTube's decision.
In a statement, Mr Porter said the move "punishes British consumers and the songwriters whose interests we protect and represent".
The PRS has asked YouTube to reconsider its decision as a "matter of urgency".
How this will effect all users on both sides of the Atlantic remains to be seen. It may effect the content of my music blog Too Old Too Rockin' Roll- Too Young To Die, and the content of this blog's video bar, which is almost exclusively UK videos featuring Fairport Convention and Fairport alumni and friends.