NYT: Music Labels Cut Friendlier Deals With Start-Ups

With CD sales dropping fast, it is not hard to imagine how the major music labels could benefit from the growth of Web start-ups like Imeem. The company’s service lets people listen to songs, discover new artists and share their favorites with friends. And in return, Imeem owes the labels licensing fees for use of the music.

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Posted by Ted • Wednesday, May 27, 2009 .

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