Universal Music to Seek iPod Royalties?
Reuters reports that Universal Music Group Chief Executive said on Tuesday that they may seek a royalty from Apple for iPod sales:
"It would be a nice idea. We have a negotiation coming up not too far. I don't see why we wouldn't do that... but maybe not in the same way,"
Universal made news earlier this month when it was reported that Microsoft had agreed to pay Universal Music a fee for every new Zune Music Player sold. Music studios, of course, currently get a cut from every song sold, but do not get any percentage of iPod sales.