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Is a Music Download a Sale or a License? (It Matters Big Time)
Date: Monday, May 02, 2011 @ 07:26:51 UTC

Last year, global revenues from recorded music fell by 8.4%. A Universal Music Group insider recently told me that its owner, French media group Vivendi, has ordered the label to cut costs by $100m this year, meaning we're likely to see more redundancies. No wonder the label is trying to downplay the implications of a recent US supreme court decision to turn down its appeal of a verdict stating that Eminem and the producers who helped him achieve success should get 50% of all revenue from iTunes downloads around three times more than what the label has paid them so far. Complete Article







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