Tuesday, July 7, 2009

NYTimes.com: Music Labels Reach Royalty Deal With Online Stations

I've always wondered how much it costs to stream songs over the internet: Now I know - a quarter of a cent. You can read about it in the following article:

The New York TimesTECHNOLOGY / INTERNET | July 08, 2009
Music Labels Reach Royalty Deal With Online Stations
By CLAIRE CAIN MILLER
Many of the online radio stations had argued that the old rates were so high they were being forced out of business.

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