Free Newsletter
Nokia races to sign major music labels
As a critical element of its push into mobile services, Nokia claims it is confident about securing deals with the world's leading record companies ahead of launching its flagship 'Comes With Music' service for handsets later this year.
The company is thought to be in the final round of negotiations with Sony BMG, EMI and Warner Music, plus around 10 independent music labels, that will provide users of certain Nokia handsets with the option of purchasing the music tracks from these content owners.
"We have negotiations and discussions ongoing with all the majors and a number of indies as well," commented Anssi Vanjoki, Nokia's executive vice-president. "Certainly our target is to have other labels on board."
Nokia said it is talking to the music companies about a revenue sharing agreement for Comes With Music, and Mr. Vanjoki said similar arrangements might be possible with some mobile operators. He highlighted the potential for the operators to share revenue derived from transactions resulting from Comes With Music, such as sales of T-shirts that feature people's favourite artists.
For more on this story:
- read The Financial Times
Comments
Posted by Anonymous | March 31, 2008 - 4:04am
This is only a good idea if the downloads are done on a Home PC for free like iTunes. - or the Mobile download costs no more than an iTune, which I severely doubt, iTune 0.79p, Mobile download £3 or £4 currently? So good for Nokia but not Mobile SPs.
Is it just me that has problem with yet another multimedia broadband mobile download opportunity?
Its not necessary to download music at Mobile Broadband expense when you can do it for free at home virtually free on your PC or Mac then upload it to your Mobile Player - e.g. iPod. No reason why this can't be a Mobile phone, as no doubt the IPod and iPhone will Morph into eventually - who needs two devices?
Loading of Music and media is much cheaper done using Bluetooth or whatever from a home computer - or from an electronic dispenser - now there's an idea. While I don't see this a revenue generator for the services providers there is still a market for the handset with better player functionality, but a bit Slikr than a Rockr, which was as cool as the brick it was.
Brian
Comments (2) | Post a comment