Court Sets Formula for Internet Music Royalties

A federal court established a formula for determining the Internet royalties owed to thousands of music composers, writers and publishers by three major online services -- Yahoo, AOL and RealNetworks. The American Society of Composers, Authors and Publishers hailed the decision, estimating the guidelines could yield as much as $100 million in payments covering a seven-year period ending in 2009.

  • Read the article: USA Today