Update: Apple Dodges US Royalty Bullet
[Ed: This is a follow-up to yesterday's post on the Apple iTunes US royalty issue. Read that post here]
That Copyright Royalty Board (CRB) has ruled to retain the current royalty payment regime for iTunes in the US, keeping the current payment of 9.1 cents per track for the next 5 years.
Apple had earlier this week threatened to shut down its US iTunes download shop if its royalty burden were to be increased to 15 cents per track, as was proposed.
The more some things change, the more others stay the same.
Billboard has written a full review of the US decision which you can read here.
Other readers also read:
Spotify: Labels Win, Artists Lose?
Related posts:
- Apple Threatens US iTunes Shutdown (and we care because?)
- Apple hopes to entice customers with cheaper, smaller iPhone
- Norway Takes The Fight To iTunes
- One Major Label Takes On The Dominance Of iTunes
Posted by Chris McLellan
on Oct 3 2008. Filed under Business Models, Digital, Gadget & Services, Labels.
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