Apple will not shut down iTunes
The report that iTunes will shut down if the royalty rate paid to music artists is hiked was some sort of a joke. Apple’s threat of shutting down the iTunes got deep into the brain Copyright Royalty Board, so the three panel of judges thought it best not to listen to the voice of National Musical Publishers Association. There will be no hike in the present royalty rate (9.1 cents) paid to Music artists. So, iTunes will not shut down. The decision came out on Thursday and left National Musical Publishers Association to bite the dust. There was not much rejoicing Read More...
