YouTube is sticking to its decision to make premium music videos inaccessible to UK users, following a stalemate in licensing discussions with the Performing Rights Society, BBC News reported Tuesday.

Since its acquisition by Google in 2006, YouTube has faced pressure to increase revenues.

However, YouTube's Video Partnership Director Patrick Walker said the video sharing site is committed to reaching an agreement with PRS, but the high licensing fees PRS is asking cannot be sustained by the YouTube business model, the BBC reported. PRS is requesting that Google re-examine its stand.

"It is a example of the question of how do you price and fund content in the digital world?" said Lord Carter, the UK's Minister for Communications and Broadcasting, according to the BBC.

"The rate they are applying would mean we would lose significant amounts of money on every stream of a music video. It is not a reasonable rate to ask," Walker told the BBC.