Apple Announces iPod (PRODUCT) RED Special Edition – Portion of Proceeds Contributed to The Global Fund to Fight AIDS
Apple has announced the iPod nano (PRODUCT) RED Special Edition. (RED) was created by U2 lead singer Bono and Bobby Shriver to engage business in the fight against AIDS in Africa by getting the world’s most iconic companies to make uniquely branded products. A portion of the profits from these products goes directly to the Global Fund to fund programs for women and children affected by HIV/AIDS in Africa. The iPod nano (PRODUCT) RED...
Napster & MusicNet Agree To British Royalty Deal
Digital music service providers MusicNet and Napster have agreed to a three-year deal on royalty rates to pay songwriters and music publishers for digital downloads in Britain. Under the deal, the composers, writers and music publishers will receive 8 percent of gross revenue, excluding VAT, when their music is offered by MusicNet and Napster. MCPS-PRS Alliance, a U.K.-based organization that represents composers, songwriters and...
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