Andre Yoskowitz
8 Aug 2008 14:13
Warner Music Group has said that they want more money to paid out to have their songs licensed in music-based video games like the blockbusters "Guitar Hero" and "Rock Band."
Warner is the world's third-largest music company, behind Universal and Sony, and Chief Executive Edgar Bronfman compared the games to "MTV's launch 25 years ago or Apple Inc's iPod launch five years ago," and added "the amount being paid to the music industry, even though their games are entirely dependent on the content we own and control, is far too small."
If Bronfman has his way, downloadable content may become more expensive, most likely slowing down a great source of revenue for the music industry. Thanks to its Guitar Hero franchise, Activision reported last month that sales were up 32 percent year on year and Harmonix also recently announced that over 12 million downloadable tracks for Rock Band had been sold.