U.K. case may influence music royalties

Article Abstract:

A debate over royalties paid to songwriters and composers per downloaded song is being taken to the United Kingdom Copyright Tribunal. The moneys due decision will only apply to the United Kingdom, however the case may be a consideration in similar cases in the United States and Germany.

Legal issues & crime, Commodity & service prices, Legal/Government Regulation, Economic aspects, Company legal issue, Cases, Prices and rates, Royalties, Royalties (Intellectual property), Online music trading, Company pricing policy, File sharing, United Kingdom. Copyright Tribunal, United Kingdom. Patent Office

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Reuters reports '05 revenue rise, first in 4 years

Article Abstract:

Reuters Group PLC of the United Kingdom posted soaring net income, up 25 percent to 456 million Pounds in 2005 from 364 million Pounds in 2004. The news agency faces tough competition, not ideal market conditions and cost cuts. The revenue gain is the first in four years.

Sales, profits & dividends, News syndicates, News Syndicates & Wire Svcs, Company sales and earnings, Company earnings/profit, News agencies, Company Profile, Reuters Group PLC, RTR

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Songwriters, record firms agree on U.K. royalty for downloads

Article Abstract:

British songwriters have agreed to a rate of 8% of revenue for the next three years, in an agreement with record companies over music downloading. Revenue from online music sales is rising rapidly, comprising 6% of all record sales in 2005.

Financial management, Patents & copyrights, Prerecorded records and tapes, Finance, Negotiation, mediation and arbitration, Intellectual property, Sound recording industry, Recording industry, Company financing, Online music, Songwriters

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