Vevo To Pay Independent Publishers

Vevo To Pay Independent Publishers
Universal Music Group, which co-owns Vevo with Sony Music Entertainment and Abu Dhabi Media Company, has agreed to pay independent publishers for the use of music videos incorporating their songs on Vevo, according to National Music Publishers Association President David Israelite, as reported by Digital Music News. Previously, Vevo paid the labels. Presently, UMG is the only major label that has agreed to pay independent publishers, but Israelite pointed to a "model deal" that could potentially extend to other labels. Details on when the deal will take effect were not disclosed but it is said to include retroactive compensation. (6/19)

Microsoft Unveils Surface Tablet
In an attempt to compete with Apple's iPad, Microsoft has unveiled a new touch-based tablet device called the Surface, set to debut this fall. The device will be available in two models: a base model that runs on Microsoft's Windows RT operating system and a pro model that will run on the forthcoming Windows 8 platform. The tablet will initially be available in 32GB and 64GB models, with 64GB and 128GB pro models to be released at a later date. Details on pricing were not revealed. (6/19)

 

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