Question: What was youtube planning on doing to labels it did not reach a deal with?
Sentence: In May 2014, prior to the launch of YouTube's subscription-based Music Key service, the independent music trade organization Worldwide Independent Network alleged that YouTube was using non-negotiable contracts with independent labels that were "undervalued" in comparison to other streaming services, and that YouTube would block all music content from labels who do not reach a deal to be included on the paid service.
Answer in sentence: yes