Apple Talks Tough, Threatens To Close iTunes If Royalty Rate Rises
A ruling by the Copyright Royalty Board tomorrow could spell trouble for Apple’s iTunes. The National Music Publisher’s Association has asked for a 66% increase on the royalty rate paid out on the sales of digital music — from six cents per track to 15 cents. In a statement submitted to the board last year, [...]
Rolling Stone — A ruling by the Copyright Royalty Board tomorrow could spell trouble for Apple’s iTunes. The National Music Publisher’s Association has asked for a 66% increase on th... more info