This is due to a licensing dispute with the Society of European Stage Authors and Composers (SESAC), which has not renewed its partnership with YouTube, which is set to expire shortly.
SESAC is far smaller than other performing rights associations like ASCAP and BMI - with approximately 30,000 members and 1.5 million compositions while ASCAP has nearly 800,000 members - but as the caliber of artists affected by the block shows, it represents a comparatively large percentage of the marketplace.
We have held good faith negotiations with SESAC to renew our existing deal. Unfortunately, despite our best efforts, we were unable to reach an equitable agreement before its expiration. We are in active conversations with SESAC and are hoping to reach a new deal as soon as possible.
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