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Japan Record Labels Want iPod Tax | |
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| Time: 23:18 EST/04:18 GMT | News Source: iPod Observer | Posted By: Erick Cordero | ||
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Like its American counterpart, the Japanese recording industry wants a share of Apple's iPod pie. The New York Times reported Monday on efforts by recording trade groups to have a fee assessed to iPods and other digital media devices as recompense for theoretical piracy, and even just as extra money for the privilege of having the song on your music player. The Times said that the fee the industry is wanting would be from two to five percent, and is similar to fees already in place in Japan on older music devices like CD and minidisk players. The fee would go to recording companies, songwriters and artists as compensation for revenue lost from home copying. | ||
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