1 post tagged “royalties”
Judge: Big webcasters owe songwriters millions in royalties
By Nate Anderson | Published: May 01, 2008 - 12:39PM CT
A federal judge has just set the rate to be paid for a blanket music license by Yahoo, AOL, and RealNetworks. The three companies could owe songwriters as much as $100 million over seven years as payment for streaming their songs on the web. As the Rolling Stones once noted, "You can't always get what you want," but the songwriters seem to done have all right for themselves this time around.
Take care of any music you have on your account. It's only a matter of time until ASCAP comes looking here. I will as soon as I get a chance this weekend.
Was nice while it lasted, wasn't it?
