Microsoft Makes Desperate Licensing Deal With Universal With Big Implications
Drastic Move By Microsoft May Change Portable Player Paradigm In a move reeking of desperation, Microsoft revealed that it has agreed to pay a percentage of the sales of its new Zune portable media player to the Universal Music Group. Universal Music, a unit of Vivendi, will receive a royalty on the Zune player in exchange for licensing its recordings for Microsoft’s new digital music service, the companies said. Universal disclosed...
Sony/ATV Music Publishing Announces Digital Licensing Agreement With Qtrax
Sony/ATV Music Publishing has announced a digital distribution licensing agreement with Qtrax, the first ad supported peer to peer music network, which is scheduled to launch early next year. “We enthusiastically support Qtrax’s innovative new music service. Qtrax presents a unique and legitimate platform from which our songs may be distributed as broadly as possible, while at the same time securing potentially lucrative...
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