Tuesday, November 28, 2006

Universal to Seek Money for Each iPod Sold

Nate Anderson writes on ARS Technica:

And so it begins. Universal Music Group exec Doug Morris told the Reuters Media Summit that his company is interested in receiving a cut of the profits from each iPod sold.

Universal believes that much of the music on portable players is illegal, and the company argues that it deserves a share of the profits from such devices in order to make up for the money lost in album sales.

More here.

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