ASCAP Wins Big Fees For Music Streaming
After a lengthy decision, U.S. District Court Judge William Conner accepted American Society of Composers, Artists, and Performers (ASCAP) methodology for calculating the cost of a blanket license, but rejected the organization’s argument for a flat 3% fee. Conner believed that 3% of each company’s music revenues was too high. But don’t get teary yet, ASCAP may have millions coming to them. Thanks to the ruling,...
HDtracks.com – High Resolution Online Music Store – Launches
HDtracks.com, a high resolution, digital music site offering DRM-free music in multiple formats, as well as cover art and complete liner notes, has launched. Created by David and Norman Chesky, HDtracks offers the highest quality file formats for any platform or media player. Consumers can choose the file type that best suits their needs: AIFF, FLAC (both CD quality), or 320 kbps MP3. In the near future, select titles will be offered...
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