Feb 28 2009
News Round-up – Week Ending February 27
Click here to receive regular updates and news.
- The FCC announced plans to impose more than $12 million in fines on 600 telecoms that failed to file paperwork last year detailing how they are going to protect the privacy of their customers. The FCC is seeking the fines because many of the phone companies, internet telephone service providers and calling-card companies that are supposed to make the detailed annual reports are not complying with the current rules.
- In a week where we’ve read so much about newspapers becoming obsolete, a new survey by The Rosen Group has found that the majority of Americans still consider print to be a vital source for their news and entertainment even though a third of us consider websites to be our number one source of information.
- According to a report by PriceWaterhouseCoopers, internet gambling, which was banned in 2006, could bring in over $52 billion in tax revenue over 10 years. That may be one of the factors driving a decision to reintroduce legislation in Congress to overturn the ban.
- A two-year old lawsuit filed by Eminem’s production company against Universal Music Group seeking about $1.3 million in unpaid digital music royalties finally went to court this week and its outcome could have a profound effect on the digital music business. The issue is whether digital music downloads fall under “distribution” or “licensing” agreements — the latter giving artists a 50% take on royalties earned.
for Playlist
