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Posted by Robert Schumacher on 10/07/95 11:28
Thought y'all might find this interesting:
"Microsoft Corp. (Nasdaq:MSFT - news) has broken off licensing talks
with the four global music companies, raising questions about the
software giant's plans to start a subscription-based music service, the
Wall Street Journal reported Tuesday, citing unnamed sources.
The paper reported negotiations broke down Friday over what Microsoft
considered high royalty rates sought by EMI Group Plc (EMI.L), Warner
Music Group Corp. (NYSE:WMG - news), Vivendi Universal's (EAUG.PA)
Universal Music Group and Sony BMG, a joint venture of Sony Corp.
(6758.T) and Bertelsmann AG. (BTGGg.F)"
When you're too greedy for Microsoft, something's really wrong.
(Source links:
http://news.yahoo.com/s/nm/20051004/tc_nm/microsoft_dc
http://www.pcpro.co.uk/news/78119/warner-chief-threatens-to-scalp-itunes.html
(related article on record companies complaining that iTunes is too cheap)
http://robschumacher.blogspot.com/2005/10/unrivaled-greed-of-music-industry-even.html
(my post on the matter)
--
Robert Schumacher
subsailor@gmail.com
http://robschumacher.blogspot.com
http://fairtreatmentforoursoldiers.blogspot.com
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