The IMJV combines three music rights organizations: the American Society of Composers, Authors and Publishers; the U.K.'s Mechanical Copyright Protection Society and the Performing Right Society; and Dutch Buma/Stemra. Other music rights organizations are free to join.
"This won't counteract the illegal copying of music on the Internet," Robert de Boer, spokesman for Atos Origin, said. "It will be possible to monitor what songs are swapped with software like Napster, or downloaded from Web sites like MP3.com."
De Boer noted that the actual monitoring would be done with separate software.
The order is worth 8.1 million euros ($6.9 million), said De Boer. The IMJV will take delivery of the database in April 2002—a lightning-quick 16 months from now. An estimated 1.6 billion euros in rights collections and payments will be handled by the system, de Boer said.
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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