Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Music Industry Looking for Lyrics Payoff 205

theodp writes "U.S. digital entertainment company Gracenote has obtained licenses to distribute the lyrics of more than 1 million songs. Music publishers are still mulling legal action against Web sites that provide lyrics without authorization." From the article: "Ralph Peer II, Firth's counterpart at peermusic, said licensing lyrics should boost worldwide music publishing revenues, estimated at about $4 billion annually. Peer said he hopes the unauthorized sites will seek licenses. 'I think we'll see a reasonable increase, as much as a 5 percent increase, in industry music publishing revenues five years out from where we are right now,' Peer said."

Slashdot Top Deals

You can bring any calculator you like to the midterm, as long as it doesn't dim the lights when you turn it on. -- Hepler, Systems Design 182

Working...