MP3.com/Warners/BMG deal
Posted by:
Surfpunk
()
Date: June 23, 2000 02:51PM
In case you haven't heard Warner and BMG have agreed a deal with MP3.com that will ensure they and their artists are paid a royalty for each track downloaded through the ' my MP3.com' service. At this point it's not clear if any other majors will do the same but in the light of the Metallica /Napster controversy this is an interesting development. What it does mean is that MP3.com is likely to become a SUBSCRIPTION service in order to be able to pay back these payments. Something which sees the owner taking an about turn on his previous 'rebellious' stance.
So is this good or bad? The music's still there but you're gonna have to pay for it.
Any complaints?