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: Idea Lawyer BlogNew York Federal Judge sets Internet Music Royalties
ASCAP is thrilled estimating as much as $100 million in payments covering 7 years period ending in 2009; Digital Media Assoc., repping internet services, declines comment.
U.S. District Judge William Conner's 153-page decision didn't specify the total amount owed to the ASCAP members, but he provided an example on how the formula would apply to the music royalties owed by AOL and Yahoo for 2006. Under the formula endorsed by Conner, AOL owed 2006 fees of $5.95 million and Yahoo owed $6.76 million.
Read the whole story all over the net, including
HERE
Full post as published by Idea Lawyer Blog on May 01, 2008 (boomark / email).
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