[skyforger]

Record labels, music publishers, songwriters and online music services have reached an agreement on how to compensate music creators for online distribution of their content, they said.

The agreement is designed to settle how the industry calculates royalty rates for limited downloads and music that is streamed online, including when it is provided by subscription and advertising-supported services.

Read the full article here: http://www.reuters.com/article/enter...48N2A620080924

[strongbad]

Thanks for the link, skyforger. So does this agreement include Pandora radio? And if so, are they happy with it?

[skyforger]

Originally Posted by strongbad

Thanks for the link, skyforger. So does this agreement include Pandora radio? And if so, are they happy with it?

i guess radio (and broadcast itself) was not discussed there, but i don't think lobbies are happy with this deal (downloads). they are to pay twice amount to artists (iTunes used to pay off somewhat 4,5% -- don't you think it's fair revenue? )

the rumours (and suggestions) were about 15% initially, but they pressed deal down to 10% now. congrats to MAFIAA