Morning Music Bits March 27, 2007Posted by David Card in Media.
- Bertelsmann, the German media giant that provided financial backing to Napster when it was an illegal file-sharing service, has agreed to settle with the last of the major record companies that had sued it for copyright infringement. Under the settlement with the EMI Group…Bertelsmann will pay an undisclosed sum but admit no liability.
And in other, more fun, music news, Sprint will adopt a 99-cent price for its over-the-air music downloads (full songs, not ring tones). That’s down from $2.49. I don’t think pricing is the big issue, though Sprint will find out. And it’s nice to see an aggressive move by a telco. Colleague Joe Laszlo will be exploring the demand for impulse-purchase OTA music in an upcoming report. That’s the issue.