Federal Court Rules AOL, Yahoo, Real Must Pay ASCAP Music Licensing Fees; Could Run $100 Million
ASCAP is ballyhooing a federal court ruling today that AOL (NYSE: TWX), Yahoo (NSDQ: YHOO) and RealNetworks (NSDQ: RNWK) must pay higher licensing fees for streaming songs by its 320,000-plus songwriters, composers and music publishers. The license period covered by the ruling from U.S, District...-
