Google (Nasdaq:GOOG) Agrees to Royalties in France

After a prolonged battle with French royalty-collecting agencies, Google (Nasdaq:GOOG) has come to an agreement to pay SCAM, ADAGP and SACD, representatives of various French workers in the entertainment industry.

This is primarily in reference to YouTube, going back to the time they entered the French market in 2007.

Terms of the agreement are only for content views in France, Belgium and Luxembourg, although the specifics of the rest of the terms weren't revealed, other than they'll extend through 2013.

Google has entered into similar agreements with the U.K., Italy and Spain.

Holders of copyrights get a piece of the advertising revenue generated by YouTube views.