
iTunes won another legal battle with the online music stores, said Rolling Stone. The American Copyright Royalty Board had ruled that the amount of commission that iTunes traditionally pays to the Internet music distributors shall not increase. National Music Publishers’ Association was demanding to raise royalties from nine to fifteen cents – 66 % higher. Such demands were not put out for the first time. During the last year Apple was saying that if commission goes up they will close their iTunes Store once and for all. The Copyright Royalty Board’s decision was made up five years ago and since then it faces all kinds of complaints from the NMPA. If these royalties stayed as high as the NMPA always wanted, then iTunes could’ve loose up to three hundred million dollars during the last five years. Apple’s opponents keep on saying that this company gets most of it’s money by selling iPod players, and of course Apple denies it.
A Source: ThatsJustMusic.com
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