Kicking songwriters for fun and profit

[KiwiCoromandel]

The globally successful ringtone business is now on the wane, but it has made lots of people happy in recent years. Customers cheerfully handed over real money for a few seconds of a hit - resulting in a windfall for the telcos and record companies, who saw an unexpected new revenue stream for their master rights. The windfall reached $6.6bn in 2006.

read more: http://foxyurl.com/nph

source: The Register

image: Fair Use/photobucket: RINGTONES....the only group to lose out were US songwriters and composers, who unlike their counterparts in the rest of the world, were excluded