Items tagged with royalties
Pandora has just won the current round in the ongoing struggle over royalty fees with ASCAP (one of the agencies that collects and distributes royalty payments for musicians), and ASCAP is deeply unhappy with the ruling. Judge Denise Cote presided over the case and ruled that Pandora did not have to pay ASCAP any more than the 1.85% royalty rate for songs it plays for the period ranging from 2011-2015. According to the Wall Street Journal, ASCAP was seeking a sizable increase in royalty rates, up to 2.5% for 2013 and 3% for 2014. It was a loss for ASCAP, to be sure, but Pandora was actually seeking to reduce its royalty rates down to 1.7%, which is what terrestrial radio station pay. “We...
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Guess what? Starting today, Microsoft will "receive royalties from HTC." We know you're probably eying that statement and assuming something is mistyped, but in fact, that's a direct quote from a new Microsoft press release. As the story goes, Microsoft actually decided recently that Google's Android operating system infringed on some of their patents, and obviously, that just wasn't going to fly. Somewhat quietly, the company has seemingly informed HTC of the news, and rather than entering into a bloody court battle that would almost certainly end with Microsoft at the victory table, HTC has decided to simply agree to terms and start paying up. As you know, HTC is one of the world's most prominent...
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