The US Copyright Royalty Board has published its ruling which effectively imposes a truce between the demands of songwriters, music labels and digital music services by keeping royalties on CDs, music downloads, online streaming services and ringtones broadly unchanged. The ruling gives none of the parties what they asked for but should be good news for the growing digital music market in the US, and is likely to set the tone for other jurisdictions.
Michelle Wong, 14 October 2008
Best Buy, the largest US consumer electronics retailer, is acquiring Napster, the music download provider, for $121m as it seeks to establish itself as a significant player in the global market for mobile devices and digital services.
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Simon Fox, 16 September 2008
Apple's multi-prong strategy, hatched in the tough times from 2001 to 2003, is now paying off handsomely. In those difficult days when revenues stayed stubbornly flat, and margins hovered around zero, Apple re-invented its core Mac range of computers, and launched the iPod and iTunes to become a...
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Uday Phadke, 31 March 2008