YouTube Ordered to Pay ASCAP $1.6M in Streaming RoyaltiesAuthored by Mark Hefflinger on May 20, 2009 - 10:45am.
New York - Google's (NASD: GOOG) YouTube
has been ordered by a federal court to pay U.S. songwriters represented by
ASCAP $1.61 million in royalties, as well as $70,000 per year going forward,
for the music played on the video site, Techdirt reported.
ASCAP had petitioned
for a payment of $12 million for the music streamed via YouTube from 2005
through 2008, while YouTube had suggested a payment of $79,500 for the same
period.
Related Links: |
Upcoming DMW Events
December 8, 2009 | Santa Monica, CA www.lafilmconference.com
January 8, 2010 | Las Vegas, NV www.digitalmediainsider.com
Feb. 24-25, 2010 | New York, NY www.digitalmusicforum.com Events Calendar Submit a Speaker To receive event updates & announcements:
Recent comments
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOther Ads |
Comments
Post new comment