AfterDawn: Tech news pays 185,000 for intellectual property rights

Written by Lasse Penttinen @ 07 Oct 2002 10:39 is a Spanish pioneer in online digital music sales & distribution. Their service package is also very appealing, offering a wide variety of popular music and reasonable pricing. Weblisten also appears as a seriously managed business with realistic stragies and goals, rather than a 'dot com wonder'., a platform specializing in pay per listen services which is owned by Weblisten, S.A., has up to date disbursed an aggregate of more than 185,000 (182,580 US Dollar) as royalty payments to the copyright holders of the tracks used in its pay music services.

All amounts payable with respect to such rights are, in accordance with the applicable laws governing in Spain, paid to three the management companies which protect the rights of authors and editors (SGAE), artists and singers (AIE) and record labels (AGEDI).

Founded in late 1997, has ever since respected intellectual property rights. Presently, demand for its services comes mainly from Europe. Spanish subscribers are the most active, representing 60% of all subscribers as compared to 20% from Northern European countries, 10% from Germany and 10% from Australia and the United States.
Music Industry News Network

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