AfterDawn: Tech news

MP3.com cuts the royalties it pays for artists

Written by Petteri Pyyny (Google+) @ 26 Sep 2001 14:09

Vivendi-acquired MP3.com today announced that it is going to change the rates it pays for its artists -- to lower ones, of course. While participating to MP3.com's "Payback for playback" scheme continues to cost $20 a month, the rates the company pays back are being reduced. In new rates, artist gets half a cent ($0.005) for each downloaded song. End of period. No payments for streaming, etc. So, in other words -- if you want to participate, you better get that 4,000 downloads a month or otherwise you lose money.
You're welcome to join MP3Lizard.com, guys. We don't charge you ,-)

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