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Apple Agrees on Royalties For British Cell Phone Downloads

Thursday, September 28th, 2006 at 5:35 PM - by

Apple and four British cell phone operators, including Vodafone France-based Orange, have agreed to royalty rates for digital music downloads. According to The Australian, Apple and the cell phone companies will pay 8% of gross revenue for all music, except ring tones.

British law previously said that 12% of gross revenue had to be paid, but a temporary decrease to 8% had been in place for the past four years. Now that decrease is permanent. Peter Jamieson, chairman of the British record industry's trade association BPI, commented: "This is a balanced voluntary settlement in which both sides can draw not just comfort from, but excitement that they can go forward and build a business together based on an understanding that will work to the benefit of all."

The agreement also includes a guaranteed minimum payment, protecting musicians if music prices drop dramatically.

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Fri Sep 29, 2006 10:40 am

One more reason to keep ripping and "stealing" ehm, "borrowing" music, than pay $2 for 3-days music. Screw it! I will never buy into this, as I'm not that rich to afford bad items.

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