Federal judge sets formula for Internet music royalties

May 1st, 2008 in Technology / Internet
Federal judge sets formula for Internet music royalties (AP)

In this April 27, 2008 file photo, a giant inflatable pig scrawled with the words "Don't Be Led To the Slaughter" floats over the crowd during Roger Waters' headlining set on the third day of the Coachella Valley Music and Arts Festival in Indio, Calif. (AP Photo/Chris Pizzello)

(AP) -- A federal court on Wednesday established a formula for determining the Internet royalties owed to thousands of music composers, writers and publishers by three major online services - Yahoo Inc., AOL and RealNetworks Inc.

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