Microsoft to pay Universal a fee for every Zune sold

Posted on Saturday, Nov 11 2006 @ 08:08 CET by Thomas De Maesschalck
Microsoft agreed to pay Universal a fee for each new Zune player it sells.
The groundbreaking deal could redefine the digital music business pioneered by Apple Computer Inc. Rivals including cell phone makers eventually could pay for hardware sales as well as for the music itself, Universal said.

Microsoft is trying to break into an industry closely aligned with archival Apple, which is credited with nearly single-handedly building the legal Web music world with its iPod players and iTunes music store.

But Apple does not give a cut of sales of iPods to music companies. It only pays labels for songs sold on its iTunes music store.
More details at Yahoo News.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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