Original Article can be Found at : Reuter's Website: Universal Music May Seek Royalty With ipod
"NEW YORK (Reuters) - Universal Music Group Chief Executive Doug Morris said on Tuesday he may try to fashion an iPod royalty fee with Apple Computer Inc. in the next round of negotiations in early 2007.
Universal, the world's largest music company, owned by French media giant Vivendi, was the first major record label to strike an agreement with Microsoft Corp. to receive a fee for every Zune digital media player sold.
"It would be a nice idea. We have a negotiation coming up not too far. I don't see why we wouldn't do that... but maybe not in the same way," he told the Reuters Media Summit, when asked if Universal would negotiate a royalty fee for the iPod that would be similar to Microsoft's Zune.
"The Zune (deal) was an amazingly interesting exercise, to end up with a piece of technology," he added."
This story is a prime example of the way that media is colliding...I have written many blog entries about this type of thing. The Google and Youtube copyright infringements are directly related to this new development. Media is growing so fast, that everyone is jumping on board and attempting to take a piece of a bigger pie. My latest article about the Youtube and Google copyright infringment issues can be found here:
Google Copyright Infringement with Youtube
This is an update article; I have been following the issue for some time now, and you can find the other updates within the Archive.
The ipod and Zune are now becoming platforms with which to break new ground (and possibly laws) concerning the music distribution industry, and music industry as a whole. This is because now that the media has become so universal and interconnected, every aspect of the media has to cover their own A** when it comes to liability. An article I wrote about NBC developing their very own Ad Agency can be found here:
NBC Becomes an Ad Agency?
Hope you find this interesting, I know that I do! It really makes me want to try and predict the future of the Media industry and the possible lawsuits, mergers and deals that will come about in our near future.
