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Microsoft to pay Universal for every Zune sold |
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Submitted by actz
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Thursday, 09 November 2006 |
Microsoft Corp. has agreed to
pay Universal Music Group a fee for each new Zune digital music
player it sells when the iPod rival launches next week, the
companies said on Thursday.
The groundbreaking deal could redefine the digital music
business pioneered by Apple Computer Inc. Rivals including cell phone makers eventually could pay for
hardware sales as well as for the music itself, Universal said.
Microsoft is trying to break into an industry closely
aligned with archival Apple, which is credited with nearly
single-handedly building the legal Web music world with its
iPod players and iTunes music store.
Source: Reuters
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