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Microsoft strikes deal for music | |
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| Time: 07:38 EST/12:38 GMT | News Source: News.com | Posted By: Jonathan Tigner | ||
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In a rare move, Microsoft said Wednesday that it had agreed to pay a percentage of the sales of its new portable media player to the Universal Music Group. Universal Music, a unit of Vivendi, will receive a royalty on the Zune player in exchange for licensing its recordings for Microsoft's new digital music service, the companies said. Universal, which releases recordings from acts like U2 and Jay-Z, said it would pay half of what it receives on the device to its artists. The company is expected to receive more than $1 for each $250 device, according to executives who were briefed on the pact. | ||
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| #1 By 3653 (68.52.143.149) at 11/9/2006 3:54:44 PM |
| i was at walmart earlier and they already had the snazzy Zune display case, with actual Zunes (white, black, brown) in the case. Not for sale for another week though. The iPod case was on the endcap, but Zune was just around the corner. Great placement, IMO. |
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