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Universal/EMI Halts Favored Nations In EU, But U.S. Digital Dealmaking Still Affected

The Week In Music Publishing 9.28.12 - Sony/ATV vs. BMI, ASCAP & iPhone Music Streaming & More

image from www.google.comThe New York Post reports that rumours of an in-built iPhone 5 music streaming service were on the money. However, the service was scrapped at the last minute with talks between Apple and major publisher Sony/ATV breaking down. Sony/ATV are believed to have wanted higher per stream royalty rates.

According to the same article, Sony/ATV is 'about to set the musicstreaming sector on its ear, as it will pull out of the two main copyright associations, ASCAP and BMI, in January.' The purported pullout will pertain only to digital streaming rights.

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 SongtrustCourtesy of Songtrust - One-stop royalty collection for songwriters, bands and producers. 

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