Yahoo! Japan to offer free music downloads

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Yahoo! Japan will offer free music downloads after signing a deal with a Japanese copyright society. The Web portal has signed an agreement with the Japanese Society for Rights of Authors, Composers and Publishers (JASRAC) to distribute music from its Web site, according to a statement from Yahoo! Japan. JASRAC, which controls music copyrights, will be paid an undisclosed sum for the rights. In addition, lyrics will be provided, Yahoo! said. The copyright society controls 1.1 million Japanese-registered songs and 5 million overseas-registered songs -- many of which will soon be offered on Yahoo! Japan. Other reports say that the songs will be encoded to prevent copying, but this could not be confirmed with the portal. Yahoo! Japan said that over 90 percent of Japanese web users visit one its sites at least once a month. It is unlikely that new and popular releases will be made available, and that the move by JASRAC is a means of generating income from older songs, say industry observers. The giveaway of songs as a method of driving traffic to a Web portal marks another step made by the music industry to generate income in the midst of a multi-year sales slump. Piracy, illegal downloads and the lack of compelling artists has caused CD sales to shrink worldwide. Offering free music as a means of selling another product has been mentioned as one method of recouping revenue.
See the MP3/P2P News Section for the latest on everything from MP3 players to Napster and the other file-swapping services. Let the editors know what you think in the Mailroom.

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ok thank you

via Facebook 8 August, 2004 20:50
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