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...
EU To Rule On BMG Music Sale Dec. 8
European Union (EU) regulators set a Dec. 8 deadline to rule on Universal Music Group’s plans to buy BMG Music Publishing for $2.09 billion. Vivendi SA’s Universal is the world’s largest music company and BMG, owned by German media company Bertelsmann AG, has the rights to more than a million songs by recording artists such as Nelly, Maroon 5 and Coldplay, as well as classic hits by the Beach Boys, Barry Manilow and...
Coupon Codes Built Into Your Browser + Earn Money On Your Online Purchases!
