Saturday, August 9, 2008
Warner Music Wants a Bigger Piece of that Rock Band Pie
According to Reuters, Warner Music has come out saying that video games like Rock Band and Guitar Hero should pay larger licensing fees to the music industry. Warner Music Chief Executive Edgar Bronfman said, "The amount being paid to the music industry, even though their games are entirely dependent on the content we own and control, is far too small". Video games have recently become a major stream of revenue for the struggling music industry and I would expect more music industry executives to come out and say the same thing.
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