MESSAGE
| DATE | 2008-05-04 |
| FROM | Mark Simko
|
| SUBJECT | Re: [NYLXS - HANGOUT] Digital Music still under assualt
|
> A federal court has decided that AOL, Yahoo, and RealNetworks must pay
> higher licensing fees for music broadcast over the Web.
>
> The U.S. District Court in New York this week rejected the companies'
> request to base the amount of money paid to songwriters and music
> publishers on revenue directly attributable to music uses. Instead,
> the court said members of the American Society of Composers, Authors,
> and Publishers (ASCAP) are entitled to a rate based on a formula in
> which gross Web site revenue is multiplied by the portion of Web site
> activity that is music-intensive.
>
Then free sites should not have to pay at all! I like that revenue
model!
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