Copyright groups don't feel that they are getting as much money as they should be from online music subscription services like those of Yahoo and Napster.
A coalition that includes the National Music Publishers' Association and American Society of Composers Authors and Publishers has ended negotiation talks with these companies.
"The stalled negotiations mean that copyright holders will continue to miss out on royalties they should be receiving when consumers stream their music," said Peter Kafka in an article at Forbes.com.
"Most major subscription and streaming services have been paying copyright organizations like ASCAP an annual advance for the payments, but until a rate is established, the dollars haven't been divvied up and paid out to individual writers and composers," Kafka went on to say.
NMPA president David Israelite thinks that the market's growth will slow without an agreement between groups like his and the music service companies, because the companies won't know how much money they will need to pay.
Chris is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.
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