June 30 - 10:45pm EDT
Nokia tonight signed on Warner Music Group to its Comes With Music unlimited subscription service, joining founding partner Universal and recent entrant Sony BMG in offering its back catalog. The deal lets users buy phones with a Comes With Music premium attached and download an unlimited amount of Warner's music (or of any other label) for a year; all tracks downloaded during that time are the user's to keep, addressing a common complaint regarding most subscription plans. [full story]
May 8 - 4:50pm EDT
Regardless of the movement towards permanent unprotected downloads in online music, digital rights management (DRM) is likely to persist and may also thrive in the near future, the Recording Industry Association of America said today at a Los Angeles media conference. The music organization's technology head David Hughes observes that nearly all strategies for offering paid music still require some form of copy protection to enforce the license agreements, which are often dependent on set times or play counts. [full story]
April 30 - 10:40am EDT
Nokia today rebuffed claims that its Comes With Music service will damage the company financially. The Finnish cellphone maker denies that the deal will force it to accept losses on music downloads and says instead that the service was created from the outset for profit rather than the unfair deal biased in favor of music labels, as suggested by earlier reports. [full story]
April 22 - 7:25am EDT
Sony BMG today said it would join Nokia's Comes With Music unlimited music service, adding support beyond the initial Universal Music Group catalog. The announcement confirms recent rumors of talks and will let anyone purchasing a Comes With Music-based phone download unlimited music over the course of a year-long subscription. At the end of the term, phone owners can keep any downloaded tracks and either pay for a Nokia Music Store subscription or buy music a la carte. [full story]
March 25 - 9:15am EDT
Sony BMG is considering a subscription-based music service that would work with all devices, according to remarks by label chief Rolf Schmidt-Holtz to the German newspaper Frankfurter Allgemeine Zeitung. While the company is exploring other ideas, the executive notes that the firm is considering an option that would allow unlimited downloads for most any portable music player, including iPods. Such a plan would cost between 6 and 8 Euros ($9 to $12) per month but would also allow users to keep between 40 and 50 of the tracks they download each year, eliminating common complaints about music disappearing once a subscription ends. [full story]
March 20 - 5:45pm EDT
Despite a lack of official word from Apple in terms of a "Comes with Music"-style unlimited iTunes download plan, the concept is drawing heavy criticism, especially from eMusic CEO David Pakman. Many in the industry are trying to predict Apple's moves before any official announcement [1|2], and Pakman claims that a potential unlimited plan would rank Apple alongside Microsoft in terms of monopolistic behavior, due to the company's market dominance with the venerable iPod, according to Wired. [full story]
March 19 - 3:35pm EDT
EMI is eager to join Nokia's controversial Comes With Music service, the music label said today in a press conference. The company has revealed that discussions are underway which would add EMI's catalog to the current offerings, which are limited to tracks from Universal. Without detailing the progress of talks, EMI's Finland head Wemppa Koivumaki said he hoped his firm's music would be in place for the official Comes With Music launch in the latter half of 2008. [full story]
March 18 - 11:35pm EDT
Apple is reportedly discussing a new iTunes store business model with record companies which would grant iPod owners unlimited access to the library by paying a slight premium for the devices. According to The Financial Times, the plan resembles the Nokia "Comes with Music" deal, wherein Nokia pays record companies almost $80 per handset; Apple is reportedly limiting its offer to $20 per device. [full story]
January 28 - 9:40am EST
Sony-Ericsson this morning revealed an aggressive step into online music with expanded plans for its upcoming PlayNow arena music service. The cellphone producer says it has now struck deals to offer downloadable full tracks from major labels EMI, Warner Music, and its sibling Sony BMG as well as larger independents such as The Orchard and X5. This will add up to more than five million songs available for owners of Sony-Ericsson handsets, the company says. No details have been given as to whether the catalog will extend to the ordinary PlayNow service already available today, which sells some full music as well as ringtones. [full story]
December 4 - 8:50pm EST
Nokia today hosted its annual investor day, and announced that it is raising its operating margin forecasts, while seeking to gain market share in mobile devices. Shares dropped 3.3-percent on the NYSE, as investors deemed Nokia's 16- to 17-percent group operating margin too conservative, leaving the company to finish at $38.92 per share. CEO Olli Pekka Kallasvuo continue on to the mobile division, pointing out the potential operating margin at 20-percent within two years, and 10-percent for its Nokia Siemens Networks joint venture by the end of 2009. [full story]<< first1last >>
